What happens during a review?

During the review, the FSR will want to verify the pertinent facts of your policy and update them if necessary. A typical review may include:

• A review of your address and phone number, your entity type, and the general nature of your business.
• A review of the class codes on your policy. The FSR will answer any questions you may have about reporting payroll appropriately.\
• The FSR will tell you the new rates that will be in effect when your policy renews and the experience modification factor, if applicable, that will be applied to customize your rates to your individual loss history.
• A discussion of your policy’s current type of payment and the pros and cons of adjusting the payment plan if the current one is no longer suitable.
• Confirmation and verification of the particulars of your drug-free policy, if you have a drug-free workplace endorsement on your policy.
• If you use subcontractors, an explanation of the importance of obtaining Certificates of Insurance and maintaining proper records, as well as information on how to obtain certificates.
• A review, in general terms, of your recent loss history and any open claims currently on your policy. If you need assistance with loss control issues or specific information on a claim, the FSR will help you contact the appropriate Fund personnel.
• Answers to any general questions you have about workers compensation or any specific question you have about your policy.
• A hands-on demonstration of the information available on our Web site—including how to file a First Report of Injury or a Supplemental claim form.
• Re-stocking of your supply of paper First Report of Injury forms, coverage posters, and Supervisor Accident Report books.

Idaho State Insurance Fund
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