ADP Pay-by-Pay® Premium Payment Program for Workers’ Compensation

As a RUN powered by ADP client, we’d like to offer you a great way to further improve your cash flow through our Pay-by-Pay Premium Payment Program for Workers’ Compensation.

Managing Workers' Compensation premium payments is a complicated, manual and lengthy process:

• requiring large up-front premium deposits, typically 20-100% of the policy premium
• needing manual calculations of premium payments which are based on estimated payroll
• resulting in costly year-end audits with over or under premium payments

ADP's Pay-by-Pay Premium Payment Program for Workers' Compensation allows you to change the way you manage your Workers' Compensation premium payments. It is a simple, effective and convenient service.

• improves cash flow by eliminating large upfront premium payments*
• decreases the risk of late payment policy cancellations because ADP pays the carrier directly
• increases accuracy because premium payments are calculated each time payroll is processed - with up-to-date payroll information - reducing the impact of year-end audits.

Reporting: Pay-by-Pay Premium Report

We also include a Pay-by-Pay Premium Report, at no additional cost, so you can keep track of your premium payments each time you run payroll.**

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Interested in learning more? Complete the form the right and an ADP representative will contact you.   Or you can call us at 1-800-524-7024.  

*While premium deposits may be eliminated, mandatory state assessment fees may be required in some states. 

**The Pay-by-Pay® Premium Report contains confidential employee payroll information. It is available only to the contact you have provided for workers’ compensation. The contact you have identified may be changed at anytime by calling ADP Insurance Services customer service center at 800-524-7024 from 8:00a.m.-8:00p.m. (EST).

This material covers the offering of the Pay-by-Pay payroll feature of ADP's payroll processing services and does not involve the offer or sale of any insurance product. Some products may not be available in all states. Clients must be using ADP tax filing service to take advantage of the Pay-by-Pay Program. All insurance products will be offered and sold only through Automatic Data Processing Insurance Agency, Inc., its licensed agents or its licensed insurance partners. CA license 0D04044.