Don’t Get Caught Red-Handed

Three Ways to Help Avoid Policy-Related Fraud

Make sure all employees are correctly classified
Some employers may incorrectly classify employees by classifying a high-risk employee, as a low-risk employee.
Accurately report your payroll
Dishonestly reporting the number of workers on your payroll to pay lower insurance premiums is a form of policy-related fraud. It could result in a criminal investigation, fines and even jail time.
Correctly identify your business’s operations and claims history
Your claims history and payroll factor into the amount you pay for workers’ compensation insurance. Intentionally misrepresenting the nature of your business’s operations and claims history to pay lower insurance premiums is fraud.

All fraud, whether policy or claim-related, is unethical, illegal and costly. Your insurance carrier can provide helpful guidance and additional fraud prevention resources to help you stay in compliance.

Download our Workers’ Compensation Fraud Prevention Infographic

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