Lowering Premiums is Our Business

M-F 8:00 AM - 5:00 PM

28605 Ranney Pkwy Westlake, OH 44145

Blog

News and Updates

Category: Program Placement

What is the 15k Program? How Does it Work?

What is the 15k Program  How Does it Work

Posted By Spooner Incorporated
January 15, 2019 Category: 15k Program, Program Placement

In this video, Jacqui and Joe discuss the 15k program and how your company can utilize it and save money on your premiums. This program makes it so you can take care of your

The Importance of Proper Program Placement Group Rating Vs. Group Retro Program

The Importance of Proper Program Placement Group Rating Vs. Group Retro Program

Posted By Spooner Inc.
December 14, 2018 Category: Group Retro, Program Placement

Spooner Inc., has partnered with Virteom to engage our customers and users about our services and the technology behind the scenes. In our video series, Jacqui and Joe talk about what Spooner Inc., does and how it all works! This video is all about our program placement and getting the best placement for customers. Watch or read the transcription below! What is Spooner's Program Placement? Everything has to start with an AC3 form which is a temporary authorization, it allows us to give a company quote. There's no obligation or cost to it, but once we have that we're able to take a screenshot of a company's history and then see what's a good fit for them.  There are two main programs that exist. The first is our group rating, this is an upfront discount. It's like you're safe drivers discount. Essentially, if you have not received any speeding tickets in a while, we'll give you a little bit of a cheaper rate.  What is the Group Retrospective Program? Group retro is when you've had a couple of speeding tickets, but they monitor your driving to ensure you're a safe driver, so this puts more pressure on your driving performance. Based on your performance you can get refund checks. That's what the group retrospective program is. Below is a diagram to show you how it breaks down.  Determining Your Rating and How It Plays Out | An Example On the left under group premium, it says 41 percent. Now, the most you can g

Categories
General (63)
Workers Compensation (18)
Ohio BWC (17)
Safety (10)
Group Retro (9)
OSHA (8)
Compliance (7)
ACES (4)
FMLA (4)
COVID 19 (4)
(4)
HR (4)
Payroll (3)
PEO (3)
Benefits (3)
True Up (3)
2019 PY (2)
Program Placement (2)
OHio BWC (2)
EMR (2)
Ohio Business (2)
Consulting (2)
Outsourcing (2)
Human Resources (2)
BWC Premiums (2)
EFMLA (2)
401k (2)
FFCRA (2)
MEP (2)
2018 PY (2)
Ohio Bwc (2)
Ohio BWC Dividends (2)
MCO (2)
Finance (2)
OSHA ETS (2)
Reserves (2)
ARPA (2)
Workers Comp (2)
Pros And Cons Of PEOs (1)
Coronavirus (1)
Professional Employer Organization (1)
COVID 19 Workers Comp Claims (1)
Group Retro Assessments (1)
Unemployment (1)
Experience Period (1)
AED (1)
Claim Reserves (1)
Managed Care Organizations (1)
Medical Costs (1)
Financial Security (1)
Retention Tools (1)
Mid Sized Employer (1)
Small Employer (1)
Retirement Plans (1)
Premium Savings (1)
Workers\' Comp (1)
PAR (1)
Safety Council Program (1)
Bwc Safety Council (1)
State Fund (1)
Open Enrollment (1)
Bwc Compliance (1)
Ohio Workers Comp (1)
Retirement Savings (1)
CPR (1)
First Aid (1)
First Responder Training (1)
Insurance Premiums (1)
MIRA II (1)
Underwriting (1)
Safety Training (1)
Ohio Workers Compensation (1)
Rebate (1)
Federal Contractors (1)
Retro Refunds (1)
Vaccine Mandate (1)
Investment (1)
Employee Retention (1)
Retirement Plan (1)
True Up Reporting (1)
Refunds (1)
Payroll Reporting (1)
Medical Treatment (1)
True Up Deadline (1)
OSHA Region 5 (1)
Indiana (1)
Ohio (1)
Michigan (1)
Group Retro Assessment (1)
Hearing Conservation (1)
Audiogram (1)
Regional Enforcement Program (1)
PPE (1)
Group Retrospective Rating (1)
MIRA (1)
Dividends (1)
Ohio Mask Mandate (1)
Recordkeeping (1)
BWC Dividends (1)
Ohio Employment Law (1)
Employee Handbooks (1)
FLSA (1)
HR Compliance (1)
WPAFB (1)
Construction (1)
DART (1)
Safety Score (1)
Mod (1)
Finanancial Services (1)
CFO Services (1)
BWC Administrative Fees (1)
Premium Increase (1)
Surplus Fund (1)
COBRA (1)
Termination Guidance (1)
EPSL (1)
American Rescue Plan ACT (1)
Claims Costs (1)
Spooner Medical Administrators (1)
Managed Care Organization (1)
MCO Open Enrollment (1)
Health And Safety (1)
Training (1)
Disability Management (1)
Important Deadlines (1)
Salary Continuation (1)
Reimbursement Fund (1)
15k Program (1)
News (1)
Employment Lawsuits (1)
Negligent Hiring (1)
OSHA 300 (1)
300A (1)
LO/TO (1)
OSHA Compliance (1)
Informal Conference (1)
Opening Conference (1)
Surprise Inspection (1)
OSHA Inspections (1)
Healthcare Industry (1)
Emergency Temporary Standard (1)
International Travel (1)
Employee Leave (1)
Employer Requirements (1)
Dewine (1)
DepartmentofLaborAudit (1)
Injury Reporting (1)
Spoonerinc (1)
Group Retro Refunds Withheld (1)
OhioBWC (1)
Tpa (1)
Workerscomp (1)
Secretary Of Labor (1)
OSHA Citations (1)
Violence In The Workplace (1)
Occupational Safety (1)
Heat Illness (1)
HCS (1)
HAZCOM (1)
OSHA Updates (1)
Reporting (1)
Administrative Support (1)
ACA Reporting (1)
2018 Policy Year (1)
+ Show More
Archive
November 2021 (1)
October 2021 (4)
August 2021 (5)
June 2021 (10)
April 2021 (21)
July 2019 (2)
June 2019 (1)
May 2019 (2)
April 2019 (2)
February 2019 (1)
January 2019 (3)
December 2018 (1)
August 2018 (1)
October 2016 (62)
+ Show More

Login
© Spooner Inc.
Powered by Virteom Virteom Logo