As a business owner, you have enough things to worry about, but Workers’ Compensation premium should not be one of them. That is why we are excited to offer SIMPLEPAY, our pay-as-you-go solution for Workers’ Compensation policies.
With SIMPLEPAY, you can pay your Workers’ Compensation premium in real-time as a part of your payroll process, either by self-reporting payroll at the end of each pay period or by linking SIMPLEPAY with your payroll company. Automated premium withdrawals will occur, regardless of the reporting method chosen.
HOW SIMPLEPAY WORKS
SIMPLEPAY enables you to pay Workers’ Compensation premiums based on real-time payroll data as you process your payroll each cycle.
Whether you enter payroll data manually, use a payroll service provider, or manage your own accounting software, SIMPLEPAY calculates your payroll-based premium instantly. Upon receipt of payroll information, your premium for each applicable period is calculated and automatically withdrawn from your bank account.
WHO IS ELIGIBLE FOR SIMPLEPAY?
Any Pharmacists Mutual policyholder with a minimum Workers’ Compensation policy premium of $2,500 is eligible for SIMPLEPAY at policy renewal or as a Pharmacists Mutual policyholder.
HOW DO I ENROLL IN SIMPLEPAY?
Contact your agent to discuss eligibility and fill out a simple registration form. You will need to provide payroll information and have a valid email address on file with Pharmacists Mutual.
LEARN MORE
Contact Pharmacists Mutual Member Services Team at 800.247.5930, ext. 4050 or member.services@phmic.com.