How to Avoid Running Afoul of Wage and Hour Laws

Feel You’ve Been Overcharged for Years By Your Workers Compensation Carrier?

Workers’ compensation premiums can be a large portion of an overall insurance program, as well as a large percentage of operating costs. Most businesses aren’t aware that it is quite possible they are being overcharged for their workers’ comp premiums, without fault of their broker or even their insurance carrier.

The fact is, workers’ compensation insurance costs are a result of many different factors, which include but are not limited to: labor class codes, experience modifications, claims history, WC rating worksheets, loss cost multipliers, and several other factors.

Is it possible you could be entitled to a refund for inadvertently overcharged premiums? The answer undoubtedly is YES.

There are over six hundred business classifications that often go unchallenged. Is there a different (lower rate) class code that could be used for your business?

* Quite often, experience rating worksheets are calculated incorrectly, which could result in a higher experience modification factor.

* Claims could be over-reserved, which ultimately could result in a higher experience modification factor.

* Discounts and/or credits could be incorrectly applied.

* Subcontractors you hire might be inadvertently included in your payroll (even if you produced certificates of insurance to the auditor).

* Payroll audits are often rushed resulting in errors.


THE SOLUTION: The BGES Group Workers’ Compensation Recovery Program!

BGES has brought a solution to its clients by partnering with Workers Comp Recovery experts and leaders in the industry of premium recovery for workers’ compensation. Some highlights include:

* All work is performed on a contingency basis. No recovery = no fee.

* We review your records going back seven (7) years which can mean a lot of money for YOU!

* Typical minimum premium to be eligible for the program is $35,000.

* Refunds are sent directly to the insured.

* Specialists will analyze errors on current and expired policies for:

* Errors in calculating experience mod factors, including reserves and loss ratios

* Errors on payroll worksheets

* Classification errors

* Errors on final premium audit bills

* Errors in reporting of non-compensable and fraudulent claims

* Review of retro plans and adjustments

The process is very simple and requires little to no involvement on the part of you, and as there is no fee unless there is a recovery or premium. The process is a win-win for our YOU!

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits; 9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to. (We have special programs {rates can be up to 40% less} for Auto Service, Contractors, Limousine Services, Local Truckers and Manufacturers.)

Workers’ Compensation Premium Recovery – If you pay $35,000 or more a year in premium, let us review your account and look for overcharges. If we find any we will get you refunds from your past companies.  There’s NO upfront fee.  We work on a contingency basis. You sign three documents, we do the rest!  We have found thousands, tens of thousands of dollars for clients.  Be next!

Contractors Insurance – We are one of New York’s leading experts. Unhappy with your pricing, coverage, exclusions, restrictions, broker, we can help.  We have the TOP “main Street” company programs.  We have 50+ Surplus Line companies.  We do in excess of $170 million so we have pricing and coverage leverage.  We reduced a Queen’s contractor’s liability premium from $385,000 to $197,000.

The Business Opportunity of a Lifetime – We are founders in what we believe to be a trillion dollar social media company. This company will dwarf in services what the other media giants offer.  Their cost for services will be a fraction of what the other companies charge.  You can use their internet tools to increase sales (has built in artificial intelligence to improve traffic) AND sign up as a founder and position yourself to earn a SUBSTANTIAL monthly passive residual income for life of company!  To learn more call Gary at 914-806-5853.                                                                                                                                 Contractors Make More Sales – Close more sales with easy, affordable financing options for your customers. Everything can be done from your phone.  Thirteen banks to get financing from.  No hidden fees. Click here to learn more.

Identity Theft– Over the past year hundreds of thousands of people have had to deal with identity theft.  This has become such a huge problem so we now offer Identity Theft Protection. We heard stories of kids going for car loans and learning they owe $200,000+ to companies they never heard of.  Under our program you can protect yourself, spouse and children.  Anyone you know can purchase this protection though our plan!  Click here to learn more or sign up.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538



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