The Value of a Managed Provider Network Review

May 19th, 2010
Recently I had the opportunity to meet an employer whose story really supports the value of reviewing your carriers' Managed Provider Network (MPN).

The employer is a contractor with a long history of a sub 100 experience modifier.  Four years ago, as comp prices fell rapidly, the employer's original agent pushed them to the cheapest carrier.  Unfortunately, the carrier did not pre-screen their MPN and allowed all doctors into the network.  That year, two of the injured employees selected att...

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Payality: Pay As You Go Work Comp

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XactPAY® Workers' Comp & Payroll Management
Some things just belong together.

Introducing a brilliant three-step Workers' Comp premium payment strategy that can save you money. The Hartford's XactPAY® with Payality means you eliminate a large down payment, pay no late fees, and your payroll costs are lower!

  • Elimination of a Large Down Payment
  • No Late Payment, Finance, or Billing Fees
  • Lower Payroll Fees and No Conversion Charges

See how our new three step Workers’ Comp premium payment strategy can save you money from the start:

Step 1 - Decide that you want to save money and improve cash flow.

  • Elimination of a large down payment
  • Pay workers’ comp premium each pay period based on actual payroll.
  • Avoid late fees, minimize audit surprises
  • Lower payroll cost, eliminate exposure to IRS penalties

Step 2 - Payality will do all of the work of setting up your payroll account

  • Payality performs the conversion FREE OF CHARGE.
  • Employees won’t notice the difference. They receive only one W-2 prepared by Payality. If they have direct deposit, it continues without interruption.
  • Payality will file remaining quarterly returns and the annual IRS and State reconciliations.

Step 3 - Provide employee updates and pay information each pay period and Payality does the rest

  • Provide information using Payality’s desktop or web-based software solution, or by fax, email, or phone.
  • Your personal Payroll Specialist will know you and the specifics of your account and will assist you when you need them.
  • Payality produces checks, reports, and collects and pays your taxes to IRS and State agencies.
  • Payality provides workers’ comp wage detail to the Hartford each pay period so the Hartford can calculate and collect the premium.

Your next step:

See how Payality performs and you’ll never look back.

Click here to learn more about Payality