- State Fund
- DFWP
- Deductible Plan
- EM Capping Plan
- Safety Council Incentive Plan
Overview
BWC's Deductible Program helps employers lower their premiums by offering an upfront premium discount in the form of a per claim deductible. It also encourages employers to focus on workplace health and safety to reduce injuries and illness.
Employers who effectively manage their workers' compensation claims and related costs will see a financial benefit. However, if an employer does not manage claim costs, the deductible can exceed premium savings.
Eligibility requirements
We will review all applications to determine eligibility and accept only those employers who qualify. To participate, your organization must:
- Be a private, state-fund employer or a public employer taxing district.
- Note: Self-insuring employers and state agency public employers are not eligible to participate;
- Be current on all premium payments and deductible billings at the time of you apply;
- Be in good standing at the time you apply;
- Have active coverage by the application deadline;
- Not have cumulative lapses in coverage in excess of 40 days within the 12 months preceding the application deadline;
- Meet a required credit score.
Deductible levels
When you apply, choose a deductible level appropriate for your business. However, your deductible level cannot exceed 25 percent of your premium in a policy year. You will be responsible for claim costs up to the deductible level for any claim that occurs in the policy year of enrollment.
- $500 per claim
- $1,000 per claim
- $2,500 per claim
- $5,000 per claim
- $10,000 per claim
Deductible billing structure
We will pay claims costs in full. You will then reimburse us for any claim costs up to the deductible level you have chosen. We'll send you monthly bills for the claim costs that occur during the policy year of participation. We will continue to bill you until you've reached your selected deductible level. You must pay all deductible bills within 28 days of the invoice date. You can pay online or mail it to the BWC.