HomeNews & IdeasA Thousand CheatsWorkers Comp: Lowballing Headcounts

Workers Comp: Lowballing Headcounts

One common form of rate manipulation in WC is lowballing the employee count at policy inception.  While an audit (usually 13 to 16 months later) will catch the discrepancy, it means that the business gets to use the carrier’s money for more than a year.

By monitoring previous employee counts, VeracityID detects and eliminates this cheat. Without requiring costly, time-consuming core system changes.

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