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.
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.
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.
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.
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.
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.