Questions about Group Rating? See our Group Rating FAQ

 

Confused by terminology?
See our Definitions page for clarification.

 

 

 

 

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ActuComp Ltd
P O Box 74
Avon Lake OH 44012
440-933-6601
Fax: 440-933-2028
info@actucomp-ltd.com

ACTUComp TPA Workman's Comp Services

Group Rating Services

Unsure whether you are getting maximum savings from your current group rating program?

The decision doesn't have to be as daunting as you think.

• Do you have the time and expertise to compare the different offers?
• Do you know which groups consistently over-promise projected savings and under-deliver?
• Do you know which group TPA will charge you 2 years of fees when it may only work for you for 12 months?

           ActuComp Does

Good News - Bad News
How does ActuComp work?
Good News: If your company has payroll of 1 million or more, sponsors and TPAs will be eager to recruit you into their groups.
Bad News: Sponsors and TPAs will insistently try to recruit you into their groups, calling you repeatedly until you have made your choice.

Good News: If your company can get one offer for group rating, it should be able to get several more.
Bad News: Even if all the offers are for the
same discount, the TPA fee, sponsor membership fee and contract terms can drastically change how much it will cost you
to get the discount.

Good News: Groups with more than 200 companies are more likely to have actual
savings close to the projected savings.
Bad News: Group TPAs working with large groups can be stretched too thin to give your claims the attention they need. If your claims aren’t managed thoroughly, your company may not be eligible for group rating in following years.

  1. ActuComp will analyze your company’s experience, so you know how big a discount to expect.
  2. ActuComp applies to the best groups for your company, with all offers sent to us.
  3. ActuComp compares the group offers and prepares a spreadsheet that clearly shows which offer(s) will save the most while costing you the least.
  4. ActuComp fields all the phone calls from the sponsors and TPAs, so that you can concentrate on running your company
  5. ActuComp prepares the paperwork for the group you choose, so you can easily sign, pay and mail the application in time for the deadline.
  6. ActuComp can help you stay eligible for group rating by managing your claims. You won’t have to rely on a group TPA that has thousands of claims to keep track of and that knows nothing about your company. With ActuComp, you have continuity of representation while taking advantage of the best group offer each year.

 

* highlighted terms may be found on our Definitions page

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We provide Workers' Compensation TPA services in Northeast Ohio, Cleveland, OH, Cuyahoga, Lorain, and Geauga county: Group Rating, Penalty Rating, Buying or Selling a Business