How to participate
Program Benefits and Eligibility Requirements

Program Benefits

What’s in it for eligible BBB Accredited Businesses?

  • 4 percent premium discount on workers’ compensation insurance
  • Potential for annual dividend
    (The Safety Group has returned more than $10 million in dividends to Accredited Businesses enrolled in the program)

Access to an array of services, including:

  • Educational seminars
  • Safety programs
  • Fraud prevention and detection
  • Underwriting
  • Claims management
  • Legal services provided by Pinnacol
  • Loss-control resources
  • Assistance in establishing safe working conditions
  • File workers’ comp claims online
  • Easily access claims and policy information.

Program Eligibility Requirements

MINIMUM EXPERIENCE
Effective for businesses placed in the program beginning Jan. 1, 2013
• Two full-term policy periods of continuous experience, excluding current period

MAXIMUM LOSS RATIO

≤ 55% net uncapped loss ratio in either:

  • All but one full-term policy period, using up to four most recent, full-term policy periods; or
  • Cumulatively using up to the four most recent, full-term policy periods
  • Experience excludes the current policy period
  • Losses evaluated up to nine months after policy expiration date

PINNACOL-APPROVED SAFETY SEMINAR ATTENDANCE

  • Two per year, minimum
  • One must be specific to BBB. Training is planned in Front Range and mountain communities, and resources are available online

UNDERWRITING EVALUATION OF SAFETY AND CLAIMS MANAGEMENT PROGRAM

  • Provide proof of effective hiring, risk and claims management programs
  • Demonstrate management commitment to creating a safe workplace
  • Implement a return-to-work program
  • Designate and utilize Pinnacol SelectNet providers
    • Rural exception for physical locations without a SelectNet provider within 30 miles.

Members of this Safety Group Program must maintain BBB Accreditation to remain eligible.

 

For more information, contact Betti Seay at 970-488-2031 or bseay@wynco.bbb.org.