Workers Compensation

Pay-as-you-go program

Anchor’s Pay As You Go Program calculates what you owe to the penny, based on your actual wages, rather than estimating your approximate payroll figures. Each payment can be deducted automatically and exactly, so there is no need to handwrite estimated premium checks to your insurance carrier.

Accurate Premiums:

Each time you run a payroll, Anchor will send the actual payroll figures to your workers’ compensation carrier. Your carrier will calculate your premium for the pay period based off of exact wages, not estimated ones. This will allow you the freedom and peace of mind of never over or underpaying.

Anchor’s Premium Pay Program Benefits provides you with:

• Access to several carriers
• A complimentary Workers’ Compensation quote
• Minimal up-front costs
• Access to workers’ compensation experts
• Even out-cash flow for your business without lump-sum fees
• Predictability at the end of the year when it is time for your audit
• Custom reports

With our Pay-As-You-Go integration, the headaches of the year-end workers comp audits can be a thing of the past!

Simplified Workers' Comp Audits: One of the standout benefits of our Paygo integration is the significant simplification of the traditional workers' compensation audit process. Our Pay-As-You-Go system ensures accurate, real-time premium calculations based on your actual payroll data, eliminating surprises and reducing administrative burdens.

Streamlined Processes: Our integrated system with E-COMP allows for seamless data transfer, reducing manual entry and the potential for errors. This integration will save you time and ensure workers' compensation premiums are always up to date.

Audit Support team: For any audit questions that do arise, rest assured that our audit support team through E-Comp is there to help you with any issues you may have! Year-end audit reports are automatically sent directly to the insurance carriers, taking the most cumbersome steps directly out of your hands.