Dear Workers' Comp Professional:
Nationwide Employer Services LLC (NES) has Workers' Compensation (WC) solutions for Staffing and other distressed risks nationwide through our EXCLUSIVE Professional Employer Organization (PEO) and Contract Labor Service (CLS) programs. NES pays you competitive level commissions and will increase your agency's revenue stream.
PEO and CLS programs are very similar with the CLS being the more flexible and suitable structure for staffing risks. Under a PEO structure, the risk's workforce is covered for WC under a co-employer PEO master WC policy in the name of the PEO. Under a CLS structure, the risks workforce is covered under a sole-employer Staffing master WC policy in the name of the CLS. The PEO/CLS becomes the statutory employer of record for tax purposes which enables coverage under their master WC policies.
In practice, there is no loss of functional control over the risk's workforce in either a PEO or a CLS. The main purposes and goals of these relationships is to provide the risk with more suitable and economic WC and administrative functions on an outsource basis, including all management and navigation of the Affordable Care Act's (Obamacare) regulations and implementation. In the PEO and in some cases the CLS, the risk can retain their health program.
Most fitting for NES programs are WC distressed risks with:
- Higher xmods
- Higher cost class codes
- In industries undesirable to carriers such as Staffing & Trucking
- In or headed to state assigned risk pools
- WC bare, being non-renewed, or cancelled
Submission info needed:
- Detailed ACORD (must have est. # of ees/code)
- 3 yrs wc loss runs (no older than 60 days valued)
- Xmod sheet
- Current/renewal policy dec/rating pages
- State assigned risk pool quote (preferred)
Please contact us with questions by phone or email or send a submission for review directly to:
[email protected]. Thank you and let's make some money in 2016 together!
Best Regards,
Ken Heideger
Nationwide Employer Services
9858 Glades Road, Suite 125
Boca Raton, FL 33434
954.554.3456