Workers' Compensation Retro Program

What is Retro?

The Washington State Department of Labor and Industries began its Retrospective Rating program (Retro) as a financial incentive program to assist Washington employers in cutting the cost of their industrial insurance premiums. Enrollment in a retro requires your active participation to help control costs. By keeping claim costs to a minimum, you have an opportunity for a financial refund.

Retro gives you a financial incentive to increase your safety awareness, reduce workplace accidents and get more involved in minimizing the costs of the claims that do occur. In addition to helping you earn retro refunds, you'll be reducing your experience factor and premium rates.

Who is Eligible?

Your company can participate in retrospective rating on its own or through "group plans" sponsored by many trade associations. Minimum premium levels are usually required for group participation and will vary by Association.  

How Do Refunds Work?

L & I adjusts each retro plan year three times. The first adjustment is 11 months after the end of the plan year, with the second and third adjustments each following a year and two years after that. A percentage of the refund is distributed to the individual retro participants at the first adjustment, based on the recommendation of the participants in the retro group. At the time of final adjustment, all remaining refund monies are distributed to retro participants on a premium/performance ratio compared with the rest of the participants in the group.

The group’s refund is based on a comparison between the standard premium paid by the group to the Washington State Department of Labor and Industries and the claim losses incurred by the group within the plan year.

With Which Retro Groups are BNCW Affiliated?

BNCW is proud to be able to offer our member companies access to a few high-quality Retro groups sponsored by both the SMART and PITB organizations. Both SMART and PITB groups utilize Approach Management Services (AMS) as the third-party administrator for their programs. AMS' history with group refunds is an exceptional one. The SMART Retro programs include a fantastic Retro group designed specifically for general contractors and sub-contractors. In addition, SMART has a group designed specifically for the retail, wholesale, and professional service industries, too.

The PITB Retro programs include Retro group options for member companies in the transportation, manufacturing and food processing industries.

Learn more about each group by clicking the links below, or contact BNCW at (509) 293-5840:

SMART A-Team - Construction

  SMART Advantage - Retail, Wholesale, and Professional Services

    PITB Retro - Transportation, Manufacturing, and Food Processing


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