Pay As You Go
Traditional Workers Comp
Large premium due upfront
Causes large hit to operating cost
Provides estimates of premium costs
Risk of costly audits
Pay As You Go Workers Comp
No premium due upfront
Combines payroll into one bill
Exact premium costs
Minimize costly audits
How it works
First, you run your payroll like you always do. This contains your latest employee and wage data.
Next, your payroll company sends us that data, and we calculate how much premium you owe.
We withdraw the amount you owe from your bank account and send it to your insurance company.
Finally, you decide what to do with the money you saved by avoiding lump sum costs and late fees.
The best way to pay
Pay As You Go is a billing option that lets you send your Workers’ Compensation premium payments to your insurance company based on your actual payroll info. You pay only what you owe, as you owe it, based on your actual payroll data. Worried about that audit? Don’t. The seamless and timely collection of premium throughout the policy term greatly reduces the risk for large audit balances.
Based on the partnership between AP Intego and your payroll provider, we link your payroll information directly through our Pay As You Go process and automatically submit the payment to your insurance company. It gives you peace of mind so you can focus on your business.
Unlike traditional billing, where your premium is based on an estimated annual payroll, Pay As You Go systematically calculates your premium using your actual payroll data, every pay cycle.