Workers' Compensation
Refund
Recover overpaid workers’ comp insurance premiums for your business or organization.
Hear directly from Sean Marzola, President & CGO of Xceleran
Does your company spend $70,000 or more annually on Workers’ Compensation insurance? If so, there’s a 75% chance you could be owed a refund due to errors in your insurance carrier’s previous audits. The best part? It’s completely risk-free. Imagine what you could do with that recovered money!
Questions?
We have answers.
What if I’m too busy with ongoing projects?
We understand the demands of busy professionals! That’s why our process is designed to be as hands-off as possible, minimizing any impact on your daily workload. Our team handles the collection of data and policy documents needed for our analysis. Your role? Simply answer a few questions related to your analysis and, if needed, forward or send emails authorizing the release of documents from your insurance carrier. It’s that simple!
What if we don’t have many workers’ comp claims?
No problem at all! We’ve helped numerous companies secure refunds and savings, even those with few or no claims on their records.
What if we belong to a Safety Group?
That’s great! Safety groups can help reduce your Workers’ Comp expenses, but they typically don’t focus on identifying errors in past audits. We’ve had significant success securing refunds and savings for companies that are part of safety groups.
What if our workers’ comp is set up for ‘pay as you go’?
No worries! A pay-as-you-go plan doesn’t impact our analysis at all.
What if our employee classification codes are already correct?
Absolutely! We analyze 10–12 different areas for potential refunds, and classification codes are just one part of our comprehensive review.
Industries Where We Recover Funds
Construction & Trades
Premium Recovery Experts worked with a 30-employee masonry contractor. After reviewing their employee classification codes, it was determined that their laborers were miscoded resulting in a $41,275 refund and thousands of dollars saved going forward.
Recovery: $41,275
Manufacturing
Working with the owner of a chemical manufacturer, Premium Recovery Experts was able to identify errors with their employee classification codes. Once corrected, the client received a $69,450 refund as well as reduced premiums to the tune of $18,500 per year going forward.
Recovery: $69,450
Hospitality
Premium Recovery Experts helped a quick serve franchise owner with over 70 locations and over 900 employees recover $31,650 due to incorrectly calculated overtime pay.
Recovery: $31,650
Transportation & Distribution
A California based last mile delivery service had claims from the past that were still open, affecting their Experience Modification Rating (EMR) calculations. Our team worked with their insurance carrier to properly close the claims, which resulted in a lower rating and a $28,500 recovery to the client. Now that’s the client’s EMR has been reduced, their annual premiums will be reduced as well.
Recovery: $28,500
Nonprofit
A 300-employee social service nonprofit struggling with high expenses hired Premium Recovery Experts to do a deep analysis of their previous 5 years audits to see what they could uncover. The end result was a $71,000 recovery that will help fund their programs that serve the community.
Recovery: $71,000
Healthcare
A drug treatment healthcare organization with 7 locations received a sizable bill from their insurance carrier after an annual audit. Premium Recovery Experts was able to get the audit bill nullified and they were also able to recoup $19,000 in overpayments due to a mathematical error from a past audit.
Recovery: $19,000
More About
What we do
At Recovery Solutions, our mission is clear: to help businesses recover funds lost due to errors in workers’ compensation insurance audits. Here’s how we can make a difference for you:
Expertise You Can Trust
Led by experienced professionals like Bobby Giurintano, our team has a deep understanding of the intricate regulations governing workers’ compensation insurance across all 50 states. We specialize in uncovering unnoticed overpayments, ensuring you’re not paying more than necessary.
Real Savings, Risk-Free
Studies show that 75% of businesses in the U.S. overpay for workers’ compensation insurance due to audit mistakes. Our clients typically recover an average of 20% of their annual premiums, with some seeing as much as 40% refunded. Best of all, if we don’t find errors, you owe us nothing.
Simplifying the Complex
The workers’ compensation system is complicated, involving various parties, detailed audits, and shifting regulations. Errors can happen with any insurance carrier or agent. Our streamlined, hands-off process identifies and corrects overcharges without disrupting your operations.
Go Beyond Current Costs
Our expertise isn’t limited to your current premiums. We can recover overpayments going back up to five years, even if you’ve switched insurance providers or your business has changed.
Confidence in Your Coverage
Partnering with Recovery Solutions means knowing you’re not leaving money on the table. We help optimize your financials so you can focus on what matters most—growing your business.
Start reclaiming your funds today! Contact us for a consultation and let us find the savings you deserve. Most of our clients recover 20% of their annual premiums—what could you do with that extra money?