Class Code Verification is a process by which specific information is
reviewed to determine the appropriate class code assignment. It sounds
easy enough, however simple oversights and misinterpretations can
result in the failure to accurately apply the correct class code to a
particular job resulting in erroneous bids, premium adjustments, false
experience MOD promulgation, reinsurance exclusions, insurance
cancellations, non-renewals, or denials.
The National Council on Compensation Insurance (NCCI) publishes a
Scopes Manual listing all workers’ compensation codes as an aid to
classifying specific jobs. However, state exceptions, exclusions,
operations covered or not covered, scope, and addendums can be easily be
overlooked. It can take years to develop a keen understanding and
working knowledge of the Scopes Manual.
Why is class code verification important?
Temporary Staffing companies succeed or fail based on effectively
managing their workers’ compensation mechanism. Their profit margins
are directly tied to their workers’ compensation premiums. Verifying
and applying the correct class code to temporary placements is critical
to projecting accurate workers’ compensation premiums.
Temporary Staffing companies base their markups on the cost burden
developed by certain factors including pay rates, state and federal
taxes, employee benefit costs, and the workers’ compensation class code
rates associated with positon being supplied to their client. Take for
instance a warehouse employee being placed with a retail clothing store
in Florida. Should this position be classified as 8018 with a $3.65
(2015 FL) rate or as 8008 with a $1.96 (2015 FL) rate?
There is a 54% difference in these rates. Let’s assume that 10 full
time employees were being placed with the client at $12.00/Per Hour rate
resulting in a gross annual payroll of $249,600. If class code 8018
were used, the workers’ compensation manual premium expense would be
$9,110.40 and if class code 8008 were used, the resulting manual premium
would be $4,892.16.
In the preceding example, $4,218.24 in manual premium is in
question. How can a competitive billing rate be developed by using
numbers that may contain variances in the thousands? The short answer
is it can’t.
Adjustments
The insurance carrier has the right and obligation to correct
misclassifications and apply the correct rate when they are discovered.
Most misclassifications are discovered by the workers’ compensation
auditor during the final audit process. However, discoveries can be
made by underwriters, adjusters, NCCI inspectors, and even competing
agents.
An adjustment means that a misclassification is corrected and the
applicable rate is factored against the associated payrolls. In some
states, insurance carriers can retroactively apply corrections going
back 3 years. Whether the reclassification results in a return of
premium or an additional premium, it is predicated on an error made in
the initial classification. Misclassifications can result in losing
bids to your competitors or unexpected shrinkage of profit margins as a
result of applying incorrect rates to your burdens.
Misclassifications can also adversely affect the accurate
promulgation of experience modification factors. Loss ratios are skewed
by incorrect premiums and claims are skewed by applying incorrect class
code ELR & D Ratios resulting in erroneous experience mods.
Insurance carrier underwriters tend to decline offering quotes when
misclassifications are discovered during the underwriting process. They
do this because the information submitted is unreliable. The premiums,
loss ratios, and experience modification factors are all in question
and cannot be relied upon to generate a true understanding of the
exposures.
Understanding the Governing Class Code
Generally, the basic rule for classifying temporary employees is the
placement either falls under the true definition of 8810 Office Clerical
or the governing class code of the client in that state. It is
important to note that there are exceptions to this rule, and although
rare, these exceptions can affect the proper classification of the
temporary placement.
In short, the Governing Class Code represents the class code
associated with the highest amount of payroll associated with the
principal operation.
For instance, if a temporary employee was being placed as forklift
driver in a warehouse environment and the clients governing class code
was 8018 (STORE—WHOLESALE—NOC), the forklift driver would be assigned to
8018. However, if a receptionist were being placed at the same
client’s location, and will strictly work in an office environment, the
employee would be assigned to 8810 (CLERICAL OFFICE EMPLOYEES NOC). At
the same time, if a temporary employee were being placed as a delivery
driver with the same client, class code 7380 (DRIVERS, CHAUFFEURS,
MESSENGERS, AND THEIR HELPERS NOC—COMMERCIAL) may be considered for this
placement.
However, there are many nuances that must be considered. Take for
instance a temporary employee being placed as a receptionist with a
health & fitness club. The clubs governing code might be 9063 and in
most cases class code 8810 may not be used.
When should it be done?
A comprehensive class code verification should be performed prior to
going to market for workers’ compensation renewals. Governing Class
Codes can change annually since they are affected by predominant
payrolls, changes in operation, and even changes to the basic manual.
Class Code Verifications should also be performed when adding a new
client, adding a new position with an existing client, or when adding a
new location with an existing client.
Verifications should also be performed for any class codes that are
changed by an auditor during the final audit process or adjuster
following a claim. Auditors, adjusters, and underwriters are not always
right when it comes to class codes. A good broker can help resolve any
disputes regarding class code assignments.
Who does it?
Your insurance broker should take the lead by implementing a
consistent, documented verification process. The process should involve
the staffing company, the broker, and the insurance program manager
and/or carrier. If needed, NCCI or the respective state rating bureau
can be engaged to settle disputes.
The staffing company is responsible for supplying accurate
information regarding their client and the type of placement being
made. Using the information provided, the insurance broker should
research the appropriate code and communicate this information to the
carrier through the proper channels. The insurance carrier should
review the information provided and make the final determination
concerning the class code and provide a policy endorsement.
What information is needed?
The verification process should be well documented. The client’s
state, governing class code, final product or service, jobsite
environment, and job duties, are considered when making a class code
determination. It is important to note that class code determinations
are based upon the information provided by the staffing company. If the
information provided is not accurate or complete, the final
determination may be affected.
At the minimum, the staffing company should provide their broker with:
- Client Company Legal Name
- Client Company D/B/A
- Client Website
- Client FEIN
- Client Corporate Physical Address
- Client Corporate Final Product or Service
- Client Corporate Description of Operations
- Client Jobsite Physical Address
- Client Jobsite Final Product or Service
- Client Jobsite Description of Operations
- Temporary Employee Job Title
- Temporary Employee Job Description/Duties
- Written Job Description
The Class Code Verification process is not subjective, but at the
same time it is not black and white either. It takes an experienced
broker with an in depth understanding of the Scopes Manual, who will
work with the insurance carrier and state rating bureaus to provide
their clients with accurate class code determinations.
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