September 27, 2011 8:00 AM CDT

Recovering money which is rightfully yours

Reducing costs which are rightfully not

By Christian Charais

The MCAA is proud to introduce Synergetic Solutions, Inc., a nationally known compliance auditing firm specializing in recovering money and reducing experience modification factors.

It has been said time and time again, “The vast majority of experience modification factors are overstated.” If this is true, insurance premiums associated with overstated experience modification factors are also overstated. Overstated experience modification factors and/or premiums will result in reduced profits and lost sales.

Are you aware that:

• Overstated experience modification factors, whether current or historical, can be corrected
• Overpaid workers’ compensation premiums, whether current or historical, can be recovered

Since being founded in 1996 and having conducted approximately 50,000 policy audits for more than 2400 clients nationwide, Synergetic Solutions audit results confirm the vast majority of experience modification factors and premiums are indeed overstated.

Synergetic Solutions, Inc. rate of findings:

• 67.53% for companies paying $100K or more per year in workers’ compensation premium
• 73.32% for companies paying $200K or more per year in workers’ compensation premium
• 77.90% for companies paying $300K or more per year in workers’ compensation premium
• 82.41% for companies paying $500K or more per year in workers’ compensation premium

Synergetic Solutions, Inc. Average findings identified:

• $50,987.00 for companies paying over $100K per year in workers’ compensation premium
• $71,607.00 for companies paying over $200K per year in workers’ compensation premium
• $71,826.00 for companies paying over $300K per year in workers’ compensation premium
• $96,561.00 for companies paying over $500K per year in workers’ compensation premium

The MCAA has partnered with Synergetic Solutions, Inc. so our members have the ability to protect their business by:

• Determining if they are at a high risk of having overstated experience modification factors
• Determining if they are at a high risk of having overpaid their work comp insurance premiums

If at high risk, Synergetic Solutions will make their audit available:

• With no out-of-pocket expense
• On a priority basis
• With a minimal time investment

Christian Charais of Synergetic Solutions will be working with the MCAA to assist each and every member that wants help, to receive help.

We strongly encourage our members to participate in Christian’s five minute interview to review your risks.

You may contact Christian directly at 763-331-3345 for more immediate assistance or to learn more about this MCAA endorsed program.

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About the Author

Christian Charais is the Project Manager at Synergetic Solutions, Inc. Learn more at www.synergeticsolutions.com.