ABC Retro

Did You Know?

Your WAPDCA membership benefits include opportunities to join Affiliate organizations like ABC (Associated Builders and Contractors of Western Washington) for their Retrospective (RETRO) Rating Program? What is Retro?

WAPDCA members have an optional program available to them through ABC to assist in cutting the cost of industrial insurance premiums. Labor & Industries has a financial-incentive program called retrospective rating which allows ABC to sponsor a retro program through our affiliate partnership.  Under ABC Retro, your firm’s industrial insurance premium for a given 12-month  “retro coverage period” is adjusted, after the fact, based on claims with an injury date within the period.

Retrospective rating requires your active participation to help control these costs. By keeping claims costs to a minimum, you have an opportunity for a substantial refund.

Retro gives you a financial incentive to increase your safety awareness, reduce workplace accidents, and get more involved in minimizing the costs of the claims that do occur. In addition to helping you earn retro refunds, you’ll be controlling your future “experience factor” and premium rates.

Under the retro program, an employer who experiences claim costs lower than expected for the coverage period will receive a refund. An employer will be charged an additional premium t partially cover the unanticipated expenses if claim sosts are higher than projected.

ABC has one of the highest rated Retro programs in the business. Download the Retro Application Form here, check PDCA, fill it out and fax it back to ABC at 425.455.5701.

Download RETRO brochure here for more information.

ABC Calendar of Events here