To assist our clients with the administration and eliminate the burden of the audit associated with traditional workers compensation plans such as annual audits and premium adjustments, Red River has developed a program designed to streamline the reporting of wages, allowing premiums to be based on actual wages rather than estimates and essentially making the audit a foregone conclusion.
Our Pay-As-You-Go program will reduce the administrative burden of reporting and auditing workers compensation insurance. Premiums are based on actual wages, which are calculated each payroll and reported to the carrier automatically.
Traditional workers comp policy premiums are based on annual estimates, but payroll can fluctuate throughout the year due to growth or unanticipated changes. Pay-As-You-Go plans eliminate the over or under estimates and ensure your annual audit is a foregone conclusion.
No deposit is required and your payroll information is reported automatically.
Workers comp audits can cause a disruption in your business. With a streamlined approach, your audit becomes a simple and quick process.