— CASE STUDY · SPEECH PATHOLOGY GROUP

Speech Pathologist Recovers $30,000+ in Premium Overcharges

A speech therapy group with 42 employees was paying a workers’ comp rate of $2.90 per hundred dollars of payroll. This rate is completely wrong for a white-collar healthcare group. They assumed their premium was accurate because they trusted the system. They were wrong.

$30,000+
PREMIUM REFUND
$2.90 → $0.32
CLASSIFICATION RATE
$13,487/yr
FORWARD SAVINGS
— THE NARRATIVE

How the refund was won

This $30,000+ refund is a textbook application of the lessons in Module 3 (Classification). A purely white-collar healthcare group ended up assigned to a high-risk code, paying nearly ten times what they legally owe.

How does this happen? It happens because nobody audits the audit. Insurance companies default to the highest-paying classification unless you prove otherwise. By learning the rules and aggressively auditing their class codes, this employer corrected the error, slashed their premium, and secured a massive retroactive refund. If you aren’t auditing your class codes, you are writing a blank check to the insurance company.

Verified Facts
INDUSTRY
Healthcare / speech pathology
NUMBER OF MISCLASSIFIED EMPLOYEES
42
ORIGINAL CLASSIFICATION RATE
$2.90
CORRECTED CLASSIFICATION RATE
$0.32
ORIGINAL ANNUAL PREMIUM
~$15,000
CORRECTED ANNUAL PREMIUM
$1,513
PREMIUM REFUND
$30,000+