Claims for employment practice violations such as unlawful discrimination or wrongful termination have become a fact of life in doing business for all companies, regardless of size. Individuals recognize that their risks continue to grow, given social media, planned reductions in workforce and/or plans to increase a practice.
Congratulations to our ECMA members who have recently received a visit from Julie Danna who's been out dropping off dividend checks from the ECMA Workers Comp dividend program.
ECMA recognizes that workers compensation insurance is an expensive part of "doing business". The AmTrust Dividend program was established to offer our safeTy conscience members an opportunity to contain costs. As our participating members will contest; safety did pay off.
Since the rates for workers' compensation insurance are set by the state, prices are the same no matter where you secure coverage. But now, members are eligible for this 30% dividend, which effectively reduces the true cost of coverage.
- $10K premium has returned an average dividend of 30%, or $3,000
- $5K premium has returned an average dividend of $1,500
- $2K premium has returned an average dividend of $600
Other programs may offer similar dividends on an individual basis, but our program is based on the group's experience and not the individual's experience. This provides a better chance to not only receive the dividend, but to receive a higher dividend.
AmTrust North America (formerly Comp Options) has been a true partner to the Emerald Coast Medical Society for many years, and now, with the resources of AmTrust - rated "A" (Excellent) by A.M. Best - we are able to provide this exclusive enhanced dividend program that is like no other for Florida physicians and medical practices.
For more information on the ECMA workers' compensation insurance program, call Julie Danna at 850.530.3924
Topics: Workers Compensation Plan
Last November I read an article that broke down the price of data on the black market. It estimated that a credit-card number is worth $1, a Social Security number is worth $3, and a medical record is worth $200. This really caught my attention and I wondered what the “value” differential was all about.