Workers’ compensation
The PolicyCenter workers’ compensation line of business is designed to collect data to evaluate, rate, issue, modify, and renew policies. You can combine multiple jurisdictions on a single policy. You can issue multiple policies concurrently for a single account.
The workers’ compensation implementation tools adhere to North American standards such as NCCI, WCIO, and state bureaus, for determining:
- Classifications – Including multiple descriptions per code
- Exposure data
- Principal coverages – Both jurisdiction and federal
- Principal non-coverage elements – Include waivers and participating plans
- Forms and notices – Both national and jurisdiction specific
Workers’ compensation includes audits, both final audit and premium reporting. For more information, see Premium audit policy transaction.
This line of business contains a reference implementation that you can use to accelerate your implementation. This line of business includes reference implementations for policy transactions, policy file screens, sample rating rules, sample eligibility rules, and forms logic. The reference implementation also provides sample content.
Policy term
In workers’ compensation policies, PolicyCenter supports an annual policy term of up to one year plus 16 days.
To view the screen that displays the policy term, see Policy Info screen for workers’ compensation.
