Frequently Asked Questions - Oregon
Q: When is this Program effective?
A: The Program is effective July 1, 2011 for new and renewal business.
Q: What is the benefit of the NFIB Workers’ Compensation Program?
A: Members who purchase workers’ compensation coverage through the Program shall be eligible to receive a potential flat dividend of premium in addition to any applicable dividends or discounts offered from time to time by EMPLOYERS in Oregon.
Q: Will EMPLOYERS automatically move current NFIB renewals into this new Program?
A: No. Existing members must ask to be moved into the Program. NFIB members who are already insured with EMPLOYERS may be participating in one of several other programs available through EMPLOYERS. NFIB members must choose which program is best for them.
Q: Will all NFIB member accounts qualify for the NFIB Workers’ Compensation Program?
A: No, only those businesses that are within EMPLOYERS’ risk appetite will be eligible for the Program. All applicants are subject to EMPLOYERS’ underwriting guidelines. Membership in NFIB does not guarantee coverage. Please ask your EMPLOYERS Sales Executive for a copy of the Oregon appetite guide.
Q: How do businesses who are not members of NFIB access this Program?
A: To learn more about joining NFIB, go to www.joinNFIB.com or call 800-NFIB-NOW. Businesses are required to be a member of NFIB at policy inception to secure the Program dividend.
Q: Do businesses located outside of Oregon qualify for this Program?
A: Yes. Please visit the EMPLOYERS website at www.nfib-employers.com to find out where the NFIB Workers’ Compensation Program is available.
Q: What is the minimum premium? Maximum premium?
A: The minimum premium is $350. There is no maximum premium.
Q: What does it cost to join NFIB?
A: Businesses who are seeking participation in the NFIB Workers’ Compensation Program can join NFIB online at the current minimum introductory rate membership fee by visiting www.joinNFIB.com and using ORWC as the “Promo Code.” Businesses can also join by calling 800-NFIB-NOW, or filling out and faxing/mailing the Enrollment Form. Current NFIB members are not eligible to receive the introductory rate.
Q: What other benefits does an NFIB membership provide?
A: An NFIB membership assists in:
- Saving 20%-40% off workplace travel with the NFIB Hotel Card
- Saving 10% on payroll and tax filings with NFIB payroll
- Providing invitations to small business webinars
- Receiving access to the free Employment Hotline
Q: Are new ventures eligible for the Program?
A: Yes. They will be considered for the Program.
Q: Does a small business have to be a member of NFIB for the duration of the policy term to receive the flat dividend of premium?
A: Yes. However, dividends cannot be guaranteed and are declared at the option and sole discretion of EMPLOYERS’ applicable board(s) of directors. All dividends are evaluated after the completion of the final premium audit, using discounted audited premium. A policyholder will be ineligible for a dividend if the policyholder does not cooperate with EMPLOYERS in determining the additional or unearned premium upon final audit prior to evaluation. Dividends will be reduced and offset by any monies due and owed for workers’ compensation insurance to EMPLOYERS by the policyholder, and EMPLOYERS shall have the right to recoupment for any such sums. Any dividend payable shall be paid no less than sixty (60) days after evaluation.
