Macomb County Members Earn Workers Compensation Dividend of $72,000
Ensuring safe work practices and participation in a workers compensation dividend program available through the Macomb County Chamber truly paid off for 63 businesses, as they are now sharing a $72,000 premium dividend.
The 8% dividend amount returned is based upon each participant’s premium costs and ranges from $64 to over $7,800 with an average dividend of over $1,142. Since 2003 Accident Fund Insurance Company of America has paid Macomb County Chamber participating member dividends in excess of $1.2 milion dollars.
Over and above the dividend opportunities, the Macomb County Chamber group dividend program offers a 5-percent discount on workers compensation insurance premium rates to participating businesses.
Practicing and promoting safety in the workplace not only leads to fewer injuries and workers compensation claims, resulting in lowered premiums, but can also lead to monetary rewards through our group program dividends.
“Safety truly does pay,” said Beth Goodman, Accident Fund’s group program specialist. “The safety of employees is always our No. 1 concern. We are proud to present the Macomb County Chamber with this dividend check to thank them for their commitment to safety and to encourage them to continue with that commitment in the future.”
In order to ensure that policyholders have all of the tools necessary to promote a safe workplace, Accident Fund’s WorkSafe consultants work closely with policyholders on safe work practices and provide employee safety training. Additionally, Accident Fund offers an online “Toolbox” where policyholders can easily link to federal and state workplace safety websites.
“Encouraging safety in the workplace while offering a Chamber-only plan that can provide real money back to businesses is truly a win-win situation for all involved,” said Grace Shore, CEO of Macomb County Chamber. “Accident Fund’s workers compensation group programs are just one of many innovative strategies we have in place to help our members more effectively control their costs.”