Group Insurance Benefits and Other Ways to Save your Clients Money

In today’s economy, businesses are looking for ways to cut costs and to get the most for their money.. One easy way for your clients to realize savings and get more from their State Fund workers’ compensation coverage is by joining a group insurance program.

With more than 200 insured trade associations in California, representing nearly every industry and business sector, State Fund’s group insurance program offers qualifying association members the expertise, services, and support businesses need.

Discover these advantages by converting your clients’ individual policies to a group policy at renewal:

• Group Discount. As a group member, policyholders automatically qualify for an upfront 6 percent discount on their workers’ compensation policy.
• Specially Designed Group Benefits. Membership may include additional benefits that specifically cater to their business or industry. We partner with trade associations to provide risk management services to help control workers’ compensation insurance costs.
• Knowledgeable Group Professionals. Our dedicated group representatives provide an additional level of service and can help your clients take advantage of our comprehensive services.

State Fund offers these benefits and savings to all policyholders:

• Merit Rating Plan and Claims-Free Credit. Our Merit Rating Plan rewards an employer’s favorable individual risk characteristics. Establishing a return to work program or a management-endorsed safety program in the workplace could earn your clients a premium discount of 40 percent. Policyholders who don’t qualify for our Merit Rating Plan yet demonstrate an exemplary loss history can take advantage of our Claims-Free Credit.
• Expert Claims Handling and Medical Management. You can help your clients reduce their claims costs through our toll-free Claims Reporting Center, Medical Provider Network (MPN), pharmaceutical and medical bill review, and Return to Work (RTW) program.
• Loss Control Services. Our wide array of loss control services and safety programs are available at no additional cost and can be tailored to meet business needs. These services include occupational safety and health informational materials, employer safety seminars, customized loss control reports, and professional ergonomic and industrial hygiene services.
• Fraud Prevention. Our experienced in-house Special Investigation Unit works with all State Fund employees to identify and investigate suspected workers’ compensation fraud and report it to law enforcement. Employers may contact our toll-free fraud hotline (1-888-786-7372) if they suspect potential fraudulent activities.

For more information or to have your clients start enjoying the advantages of group insurance, contact State Fund.  Soon you can be on your way to helping them receive more cost-effective coverage for their business.