home
***
CD-ROM
|
disk
|
FTP
|
other
***
search
/
Monster Media 1993 #2
/
Image.iso
/
business
/
workcomp.zip
/
SHAREWAR.DOC
< prev
Wrap
Text File
|
1993-07-03
|
5KB
|
90 lines
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓ INTERNATIONAL BUSINESS SAVEWARE ░░▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓ ░░▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
The Workers Compensation Consultant is an important first step
in gaining control of your Workers Compensation and Liability
Insurance premiums. When you buy any other form of insurance, you
are given a price and you are insured into the future with no
change of rates during that period.
When you buy Workers Compensation or business liability
insurance you estimate what your exposure will be based on
anticipated payroll and anticipated job duties. However, after your
policy period has ended, you are audited and charged for the policy
period which has elapsed. It is too late to change any of your
decisions, the structure of your organization, or your accounting
procedures.
Most medium and small sized companies are not equipped to
easily deal with these issues. As former insurance auditors, we
found that companies have most control in lowering their premiums
before injuries occur. Management of claims and doctors etc.
usually requires full time benefits personnel and lawyers.
This program is designed to help companies budget, monitor,
forecast and lower their Workers Compensation and Liability
premiums easily and accurately. Accounting packages which allow for
any entry of insurance codes usually provide only the ability to
enter the classes and rates provided by the carrier from your
estimate and description of your operations. If you are not aware
of what the other possible exposures are, there is no possible way
for a manager to make informed decisions on how to operate, what
jobs to take on, how to structure your operations and accounting,
and how to deal with your agent to get the best possible coverage
at the lowest possible price. On average there are over 1000
different insurance classifications and rates for each policy for
each state.
To acquire these rates and classifications on a yearly basis
from the National Council on Compensation Insurance in Florida
costs a minimum of $650 for just a book. You are still left to do
calculations by hand and to make sense of a very confusing
situation. The industry just doesn't want this information easily
accessible.
The Workers Compensation Consultant provides this information
to you. Updates of the rates and classifications are available each
year at a nominal cost. You do not need to purchase these, however,
because you can update the databases yourself. It is just more
convenient to contact us.
The program calculates premiums for both Workers Compensation
and Liability simultaneously. Enter the pay for your employees,
the description of their job duties, the amount of stock each
employee owns (if any), and their title and the program does the
rest.
It is very easy to evaluate different scenarios, or to change
pay, as you can enter and leave any part of the program at any
point. This is valuable so that you only have to enter payroll
once.
The shareware version of the program is not crippled in any
way. Should you register, you will benefit by getting free
support, the current updated rates and classifications for your
state or states, the user-manual and a book "Understanding Your
Workers Compensation and Comprehensive General Liability." The book
provides a myriad of time tested strategies for lowering your
costs.
We also have versions available for spreadsheet programs,
Windows, and Networks, as well as versions which will work
automatically with the major accounting packages available on the
market today.
Should you not register, just remember that you have the extra
step of inputting the current rates for the insurance classes
provided.
Please pass this program on to other companies in need.
Collectively we can force a change in the insurance culture if all
companies are adequately informed about the product they purchase.
Carriers will provide better service at a better price and earn
their premiums based on actual use of the policies as opposed to
unfairly changing classifications and applying surcharges when the
policy period has ended.
Use the help screens provided throughout the program. This
will facilitate immediate results. Please do not hesitate to
contact us for assistance or to provide feedback. It is by your
suggestions that we are able to continually improve the features
available to keep this program as the most valuable one in your
computer "toolbelt".
You will save, and therefore earn, more money in a few hours
with this program (every year) than you will in doing any other
task for your company. Good luck and much success.