Group-experience rating

The group-experience-rating plan allows employers who operate similar businesses to group together to potentially achieve lower premium rates than they could individually.

While every employer’s situation is unique, group-experience rating could save you as much as 50 percent in premiums. An organization, such as a trade association or chamber of commerce, sponsors a group. Each sponsor requires group members to pay a membership fee.

The sponsor must submit a safety plan to BWC each year. The group must demonstrate common purpose and possess results from safety and loss-control practices.

The sponsor forms the group and controls which members will participate. BWC adjusts rates for group members taken as a whole, as if the group was one big company. Every year, BWC reviews each group-experience-rating application to ensure that each group meets the criteria for group-experience rating.

Click here to learn more about group-experience rating.