Services > Premium Discount Program

BWC’s Premium Discount Program + (PDP+) is designed to assist experience-rated employers (those not in a group rating, retrospective or One Claim Program) having a 0.90 or greater experience modifier in establishing a safer, more cost-effective work place. Eligible employers receive discounts of up 30% per year on their premiums for implementing the program.

Eligibility

• Experience Modification Rate (EMR) of 0.90 or greater for the policy year in which the discount is given.
• Can not participate in group rating, retrospective rating or the One Claim Program in the same policy year of PDP+ participation.
• Must be current on all premium payments.
• Must not have cumulative lapses in coverage of more than 59 days within the 18 months preceding the beginning of the policy year of participation.
• Must have active coverage on the first day of the policy year or participation.

Requirements

• Implement the BWC’s 10-Step Business Plan to receive premium discounts up to 10% for the first 2 years and up to 5% for the third year.
• The program discount cannot take the EMR lower than 0.90.
• You must allow BWC access to your work sites.
• Must develop a plan of action.
• Must submit a self assessment..
• The 10-Step Business Plan, PDP+ Self Implementation Workbook and Hunter Consulting will assist in implementing a safety program and claims management strategies that meet the needs of your business.

PDP+ Extension

The BWC Offers a two year extension if you have already participated in PDP+. That is, if you have completed the three year or four year program and have been out of the program for two or more years.

You have the potential to earn discount up to 10% the first year and 5% the second year. ( you must achieve both the frequency and severity goals in the first year of the extension to qualify for second year participation.)

The BWC will set an estimated benchmark of claims severity and frequency ratios. You must show 15% reduction in both the first year to receive a premium refund. You must show a 15% improvement after one year in either benchmark to receive a premium bonus.

Full weekly wage (FWW) is calculated by adding together the injured worker’s wages from the 6 weeks prior to the date of injury and dividing by the number of weeks worked during that time.

Bonus

BWC will base the PDP+ claims severity and frequency bonuses on the following.

• For a 15 % or greater claims severity ratio reduction – a 10% bonus
• For a 15% or greater claims frequency ratio reduction – 5% bonus
• For obtaining a 15% or greater claims severity ratio reduction and 15% or greater claims frequency ratio reduction – an additional 5% bonus. Receive up to a 20% bonus if you achieve both goals.

Discounts

An employer may participate simultaneously in BWC’s Drug Free Workplace Program, Drug Free Workplace EZ Program and the PDP+. The stacking of discounts will apply so long as the employer satisfies the requirements of each program. In applying the discounts, the BWC will first apply PDP+ and then the drug free discount.

Contact us for more information.