Coverage


I don’t have an update on First DCA cases today, but I did have a recent research project on Professional Employment Organizations (PEO’s) that I thought I would share with you.

For many of us in the industry, PEO’s are an evolutionary step towards spreading risk of Workers’ Compensation claims.  Besides handling payroll for employers, PEO’s provide W/C insurance for many small businesses, offering them lower premiums than they would find individually.   But its important for PEO’s and employers who contract with PEO’s that any change in coverage, even termination of coverage, requires proper notice to employees. (more…)

The Sun Sentinel published an interesting article last week on a new whistle blower website, set up by the Chief Financial Officer (and Senate candidate) Alex Sink.  The Department of Financial Services is cracking down on Employers who fail to secure coverage.  Employees can  also check if their Employer has coverage on the DFS site.

Considering the state of the economy and that most Employers are enduring layoffs, the reporting of non-compliance by former employees is probably a motivating factor behind whistle blowers.  If you are an Employer who does not have coverage and has four or more employees, now is a time to get that coverage.  Because hiding it will just make the penalties that much worse than the premiums and now, more than ever, you are likely to get caught. (more…)