The
Workers' Compensation Insurance Rating Bureau of California (WCIRB) enforces
the strictest audit program in the country through its Test Audit program
with significant fines and penalties for failure to meet the minimum
standards
MISCO has developed an unequaled program to ensure success
in meeting the WCIRB's audit standards. MISCO has successfully assisted
carriers in surpassing the minimum standard and being exempted from the
program; getting back under the maximum standard and achieving results that eliminated
existing fines and penalties.
Through it's test audit program, the WCIRB provides one of
the best measurements of premium audit. Their results consistently prove that
a quality audit program pays for itself over the years; the statewide results
show that carriers usually are entitled to additional premium which they
failed to collect. So in the long run, a quality audit program costs no
more. |