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ASSOCIATION OF WASHINGTON CITIES. WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM. ASSOCIATON OF WASHINGTON CITIES INSURANCE SERVICES. EMPLOYEE BENEFIT TRUST RISK MANAGEMENT SERVICE AGENCY WELLNESS WORKS DRUG AND ALCOHOL CONSORTIUM WORKERS’ COMPENSATION RETROSPECTIVE RATING (RETRO).
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ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM
ASSOCIATON OF WASHINGTON CITIES INSURANCE SERVICES • EMPLOYEE BENEFIT TRUST • RISK MANAGEMENT SERVICE AGENCY • WELLNESS WORKS • DRUG AND ALCOHOL CONSORTIUM • WORKERS’ COMPENSATION RETROSPECTIVE RATING (RETRO)
GOVERNANCE • AWC BOARD OF DIRECTORS • AWC EXECUTIVE COMMITTEE • RETRO ADVISORY COMMITTEE
AWC BOARD • 22 ELECTED MAYORS AND COUNCILMEMBERS FROM ACROSS THE STATE OR WASHINGTON
AWC EXECUTIVE COMMITEE • President • Vice President • Secretary • Immediate Past President • Executive Director
State L&I Program • Monopolistic • Premium Components • Medical aid • Accident fund • Supplemental pension fund • Retrospective rating
AWC RETRO Program • EDUCATION • TRAINING • AGGRESSIVE CLAIMS MANAGEMENT • REDUCTION • PREVENTION
EDUCATION • Monthly and Annual individual and program reports • Printed and Media Resources • Workshops
TRAINING • On site assistance in areas requested by the member city and/or determined necessary by program staff • Assistance with L&I Training
Claims Management • AWC becomes Your claims manager and advocate • Third Party Administrator – Sedgwick CMS
Reduction • Assess current areas of major loss • Target on site and/or regional meetings to address current areas of loss • Inform members of group performance • Target of .75 experience factor or lower
PREVENTION • Return to Work Program • Safety Program • Legislative Advocacy • Meet Your Needs as requested by individual members
MEMBERSHIP • OPEN TO ALL CITIES IN WASHINGTON STATE • MEMBER OF AWC • GOOD STANDING WITH WA. STATE DEPT. OF LABOR AND INDUSTRIES • OPERATE BY PROGRAM POLICIES
Service Fee • 6.5% of Premium billed in January • NO added fees • Claims Management Cost (TPA) • On Line Claims and document access 24/7 • Loss Control • AWC
PREMIUM REFUNDING POLICY IN POSITIVE YEARS • Service Fee of 6.5 % refunded annually • First Performance Refund at 46 months • 50% of performance refund retained as member equity until sufficient reserves are achieved • Must Contribute to receive • Performance based refund • No penalty for poor performance
REASSESSMENT In The Event of a Negative Year • Every member contributes • Individual reassessment based on % of total contribution