FOUNDATION CAREPLUS GROUP INC
12051 SLEEPY HOLLOW RD
CONROE, TX 77385
Talking Points
For the Agent
These are points that might help guide an agent as they look to approach a prospect.
- A break in policy terms may indicate inconsistent work load which can result in substandard employment.
Premium
工人的溢价基于两个关键因素 - 您的运营商已申请使用的LCM,以及您在保单期限内运行的总工资,该薪金乘以确定保费的费率。Comparing premium to businesses in the same industry and of similar size can indicate how fair your WC insurance provider's costs are relative to the market.
- 溢价与同行在第73个百分位数。
- In the last year, premiumDecreasedby more than 75% of peers.
LCM Rate
LCMs have the largest effect on your WC costs. Carriers file LCM's which are multiplied with the state approved Loss Costs for your employment classifications to create your policy rates. Carrier Groups have several Carrier Tier's each with their own filing, allowing their underwriters to price aggressively to overly prudent depending on the risk.
- The LCM of the Current Carrier isHigherthan 74% of peers.
- Shopping around for a carrier that would provide a more competative tier would make sense.
市场竞争力
We measure relative change (when a business chooses a different WC provider), and market share distribution over a rolling 24 months as compared to it's industry and state level activity to determine how competitive carriers are for your class of business.
- 10% of peers have changed carriers since last year. Those who did, saw a 1.2% increase in premium vs those who stayed with their current provider had a 6.9% increase.
- Current Carrier's market share is in the 99th percentile at 42.5% of the market.
Business Stats
Policy History
Term | Carrier | Premium | LCM | |
---|---|---|---|---|
2022 |
1.693 | |||
2021 |
AR |
1.693 |
接触s
Industry Classification
Hospital--Professional Employees
Nursing Care Facilities (Skilled Nursing Facilities)
Residential Care
Blood Banks--Not-For-Profit Only
40101
血库 - 比非营利组织
41422
Camps--Not-For-Profit
44427
Health Care Facilities--Alcohol and Drug--Other Than Not-For-Profit
44432
卫生保健设施 - 老年人 - 不仅仅是为生机构
44431
Health Care Facilities--Homes for the Aged--Other Than Not-For-Profit