RETRO

How much workers’ compensation premium did you get back last year?

AGC members took home refunds as high as 72% in 2006 and have earned $89 million in gross cumulative refunds over the last 13 years! AGC Group Retro consistently outperforms competing plans in net refunds.

AGC is the largest commercial construction Retro group. With a 15-year positive refund history, where the 9 year average refund to a third of the members has been 60%!

Services:

• Hands on claim management assistance & representation from 6 State Fund & Self-Insured Senior claims consultants who know the RCW’s, WAC’s, Case Law, LNI policies, & internal practices to advocate for you, expedite action, and resolution of your claims. We provide representation and negotiate settlements on your behalf up through the mediation hearing at the Board Industrial Insurance Appeals (BIIA).

• Safety Consultant(s) provide jobsite and paperwork audits to ensure your company policies and programs meet and/or exceed LNI safety standards and are effective in practice.

• Comprehensive loss history analysis helps you and AGC target safety resources.

• Access to Tool Box talks, safety videos, jobsite posters and banners, etc.
• Assistance with your EMR (Experience Modification Rate) reduction plan: safety program analysis to target injury trends, assistance with rate appeals, etc.

• Consultants ensure liability apportionment on occupational disease claims, case reserve reduction requests, third party claim liability, and segregation of pre-existing medical conditions.

• One of a kind “Return to Work” services: Because we know it can be difficult to provide meaningful light duty work, we provide a place to send injured employees where they receive useful instruction in construction safety practices, policies, and WAC’s without risk of additional injury or pressure from peers at the jobsite to work outside of their physical restrictions. After the initial study of the construction safety codes, activities may include: First Aid/CPR certification, Flagger Certification (MUTCD), GED preparation & testing, OSHA 10-Hour training, CDL preparation testing, LNI Safety and Loss Control workshops, etc.

• Return to Work Centers are fully staffed and available in Everett, Seattle, Tacoma, Yakima, and Spokane. Some materials are portable for use at the jobsite or home and materials are also available in Spanish.
• Shared learning at “Think Tank” meetings where members share their “tried and true” personnel, safety, & claims practices, discuss claims issues, and help define program priorities.

• Up to date information on the latest LNI news and helpful risk management tips are also available via our newsletter, “The Retro Ranger.”

• Representation on Safety and Workers’ Compensation Legislative issues.

Underwriting:

• Annual underwriting by an independent insurance underwriter, H.P. Sargent, CPCU, ARM, Retro Director, and Retro Committee who review 3-year premium & loss history, refund performance, & compliance w/plan requirements: 1) qualify for Safety Team® (per jobsite & paperwork audit to ensure safety programs meet or exceed LNI standards & are “effective in practice”), 2) provide light duty work accommodation, 3) provide 30-day salary in lieu of LNI timeloss payments to injured workers, & 4) company commitment to work with AGC consultants to resolve claim and safety related issues.

Fees: Lowest of ALL plans at 6% of the Group Refund - No Quarterly Fees!

• A one-time refundable deposit of $2,000 (rolls over every year you qualify for AGC Retro and is refundable at the time of the last refund adjustment).

• Administrative cost is approximately 6% of the group refund & authorized by Retro Trustees: 4 Chief Financial Officers & 4 Safety Professionals.

Rewards:

• Safer job-sites, reduced injuries, increased employee morale, and productivity!

• Decreased experience rating (EMR) helps you to bid more competitively in a tighter marketplace!

• Maximum refund performance and reduced company time spent on LNI issues!
• A performance-based refund formula that rewards companies for their safety and claims management efforts:  75% of the refund based on individual performance and 25% is based on premium contribution to the refund.