How the Refund Works

Here are three actual examples from last year:

Employer A	Employer B	Employer C
Annual premiums of $98,977	Annual premiums of $44,140.	Annual premiums of $104,004
Total value of all their claims was $82,185	Claims last year totaled $62,997	Claims of $54,475
Loss ratio is 83.03%	Loss ratio of 142.72%.	Loss ratio is 52.383%
Refund was $894.00	No refund, no penalty	Refund was $28,845
Net claims ratio is 83.80%.	Net claims ratio was the same at 142.72%.	Net claims ratio of 72.48%