We love playing Santa during the holiday season and this year we’re delivering a really big present! As you know, the Trust is not your typical insurance provider and it gives us great joy to return hard earned money back to our members, especially in these difficult financial times. So, in keeping with the holiday spirit, the Trust Board of Directors has decided to once again make it a joyous holiday by declaring a $1.7 million premium return to qualifying members for the 2015 year.
This latest distribution creates a total of $6.1 million returned to Trust members in the last six years alone and an astounding $26 million returned to members over our 34 year history! Think about that for a moment… $26 million dollars returned back to CT’s healthcare/human service providers to reinvest in their businesses and provide much needed services to the public.
That’s what the Trust’s mission is all about and together with our members, great things are being accomplished! The Trust was originally founded to provide Connecticut’s healthcare employers with a stable, cost effective workers’ compensation market. Over the years, the Trust’s competitive pricing, superior claims handling, loss control and valuable educational services have all played a role in making the Trust Connecticut’s leading provider of workers’ compensation insurance to the healthcare/human services market.
The premium return program rewards currently active members based on a combination of each individual member’s longevity with the Trust, loss ratio and proportionate share of premium. Each qualifying member will receive their check in the 30 day period preceding the renewal date of their policy in 2016.
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