As if a record $5 million premium return wasn’t enough, we have more good news to share! The Trust Board of Directors has approved an average rate reduction of 10% for 2017. This was made possible through continued improvements in reducing claim costs through the combined efforts of Trust members working effectively with our claims, loss control and return-to-work staff.
The new rates will take effect on January 1, 2017. The combined projected bottom line impact will be a 10% decrease for the total premium volume of the Trust.
Great job Trust members! Thanks for helping us help you! Please continue to give your best efforts to assist us in reducing claim costs.