Workers Comp
The insurance carrier for TriNet's workers comp policy.
Chubb
HPP’s goal is to price groups accurately up front so groups see this going forward
What are favorable renewals?
GEBC cannot speak to the prospect’s this.
What is current coverage?
Secure 2.0 made this feature mandatory for plans established after 12/29/2022.
What is automatic enrollment?
ACV credits reduce comissionable ACV
The term used to describe claims that may stay open for multiple years.
Long Tail
A census consisting entirely of K1s
Cannot be underwritten
Questions about specific treatments/coverages should be addressed with this.
Who is the employee’s current provider?
Employers may not exclude these employees
Who are part‑time or seasonal employees?
This is the tool used to submit and approve pricing and fee waivers.
UCPQ
The amount TriNet is responsible for before the carrier takes over in a claim.
$1 million retention
The states that consider under 100 employees a small group
Where is New York, California, Vermont.
GEBC cannot do this kind of troubleshooting.
What is BSS Troubleshooting
Secure 2.0 requires automatic enrollment to start at this percentage.
What is 3%?
This is the preferred fee to negotiate before adjusting recurring revenue fees.
The setup fee
The organization that makes rules for most states' workers comp.
NCCI
Alaska, Maine, and Maryland require at least this number of full-time employees for PEO pricing.
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GEBC can join these discussions.
What are funding strategy discussions?
In a safe harbor plan, the employer must contribute using one of these.
What are safe harbor formulas?
Troy has this number of birds in their house.
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The reason for misclassification of workers comp codes most often.
Vague information from prospects
This happens if a group priced together is missing at onboarding.
Approval reversal
This IRS rule applies to FSAs, but not HSAs don’t have it.
What is "use it or lose it"
In a non‑safe harbor plan, the employer is not required to fund this (though they may choose to).
What is an employer contribution?
The most common average renewal rate for admin is this percentage.
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