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Polk County commissioners approve fixed-cost workers' compensation plan as premium rises
Summary
The Polk County Board of Commissioners on June 17 approved a fixed-cost workers' compensation insurance plan with SAFE after staff said the county's experience rating rose, increasing the premium to about $330,000, roughly $70,000 more than last year.
Polk County Board of Commissioners on June 17 approved a fixed-cost workers' compensation insurance plan with SAFE after county staff said the county's experience rating increased, driving a higher premium.
County risk-management staff recommended choosing a fixed-cost policy rather than re-entering a retroactive loss-sharing plan. "This year, I'm recommending the fixed cost plan," said Mister Henson, who presented the item to the board. Henson told commissioners the…
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