Hi George ….. YES we can write Staffing and most distressed risks in all states in our
"A"-rated Professional Employer Organization (PEO) and Contract Labor
Service staffing (CLS) programs…. here is an email that covers much of
the basic info. you need to know about our PEO and CLS programs….. Please
read all below and if this risk and/or if you have a future risk that you feel
is a fit, answer/provide all info. requested below. Thanks!<o:p></o:p>
Basically
PEO/CLS programs entail 2 main things….<o:p></o:p>
1)
the PEO/CLS must be the statutory employer of record for all covered employees,
and <o:p></o:p>
2)
the PEO/CLS must process and issue payroll drawn off the PEO/CLS bank accts….in
some cases the Risk can process/issue own pay checks. <o:p></o:p>
NES
does best costwise for risks with high xmods, high cost class codes, in state
pools, with workers' compensation (WC) premiums of 50k or more, paying way more
than they should be, and generally considered highly WC distressed…..we can
write most risks including Staffing in our PEO & CLS programs…..If you have
a Staffing risk, as you probably know, WC programs for Staffing are almost
nonexistent at this time with risks going to or in state pools… however, again,
we can write Staffing in our PEO/CLS programs…. NES writes/places the most
Staffing in PEO/CLS programs of any brokerage in the USA. <o:p></o:p>
Under
a PEO arrangement, a co-employer (primarily for benefits purposes) relationship
is established between the risk and the PEO, with the PEO becoming the sole
employer of record for IRS purposes. The PEO has a master "PEO"
designated WC policy. The workforce is contracted back to the risk to operate
and manage as usual. Under a CLS arrangement, a sole-employer relationship
between the risks employees and the CLS is established. The CLS has a
master "Staffing" designated WC policy. No functional control is lost
of the risk's business or labor force in either case, and in many cases, both
the employer and employees receive more and less costly benefits, services, and
WC coverage. 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 both the PEO and CLS
structures, all WC covered employee payroll must be processed by (in most
cases) and flow thru the PEO/CLS, with payroll checks drawn on the PEO/CLS bank
accts.<o:p></o:p>
Before
we quote either PEO or CLS, it must be cleared directly with risk, either by
you or us jointly, that such an arrangement will work for them….so not to waste
your/our time if the above basic structures will not work for them. <o:p></o:p>
Submission
info needed:<o:p></o:p>
•
Detailed ACORD (must have # of ees/code)<o:p></o:p>
•
3-5 yrs losses valued no more than 45 from curr date<o:p></o:p>
•
last 4 quarters of State unemployment rtns (for staffing risks only)<o:p></o:p>
•
Curr/renewal policy dec/rating pages<o:p></o:p>
•
State pool quote (preferred)<o:p></o:p>
•
Xmod sheet<o:p></o:p>
Questions
on each risk:<o:p></o:p>
1.
Why are they shopping their WC? If being non-renewed, why? <o:p></o:p>
2.
Is "A" rated WC carrier REQUIRED by risk? <o:p></o:p>
3.
Do they/you have any viable WC options at this point. If so what are they?<o:p></o:p>
4.
Will they for sure goto a master policy PEO/CLS program per above if the
cost/structure makes sense?<o:p></o:p>
5.
Have you or the risk obtained a state pool quote yet? if so please send,
if not please obtain and send or explain why you/they have not done so. <o:p></o:p>
6.
Do you control this risk? if not, how did you get this opportunity?<o:p></o:p>
7.
Will risk accept a deductible WC program, if so what level?<o:p></o:p>
8.
What is our target annual cost we need to hit to write deal?<o:p></o:p>
<o:p></o:p>
We
look forward to working with you. Thank you!<o:p></o:p>
Best
Regards,<o:p></o:p>
Ken
Heideger<o:p></o:p>
Nationwide
Employer Services LLC<o:p></o:p>
Offices
in FL and CA<o:p></o:p>
954-554-3456<o:p></o:p>