NCCI Workers' Compensation

NCCI also known as The National Council on Compensation Insurance, is an agency that provides data collection for workers compensation claims.

The NCCI is a non-profit agency that specializes in workers’ compensation issues and provides essential data to over numerous businesses and insurance agencies to help calculate the proper rates for the workers’ compensation insurance.

NCCI helps to analyze the different industries and their trends regarding workers’ compensation costs; analyze judicial and regulatory decisions of workers’ compensation claims and cases; and special claims research as well as other beneficial services.

One of the most important services of the NCCI is their database and collection of information about all workers compensation claims.

This crucial information helps insurance companies, regulatory authorities, employers, and state worker’s compensation insurance funds have readily data for their individual needs regarding workers’ compensation and non-governmental workers’ compensation issues.

The headquarters for NCCI is located in Boca Raton, Florida. There are regional offices throughout the country. The board of directors for NCCI consists of representatives of various affiliated insurers. The bureau is monitored by an outside organization.

NCCI has the largest database of workers’ compensation data that includes the claims, the types of accidents, the number of accidents for each company, the treatments of the employees, the type of disability, and possible safety issues for every company throughout the country.

NCCI helps to create new industry standards for workers’ compensation legislation and regulations based on their collected data. They help to prepare the workers' compensation rate recommendations as well as providing tools and services to companies for the healthy safe work environment for all employees.

With the general goal of providing better working conditions that are safer for employees countrywide, NCCI offers various types of training recommendations and employer safety policy and procedures. They believe the education of safety is for both the employee and the employer.

When an employee has a workers’ compensation claim, the NCCI enters the information into their database resulting in the annual audit for workers’ compensation to have accurate information and the employer having an increase of their annual premium.

The NCCI website has free information for employers to improve their company’s level of safety for the employees. The website has free advice how to reduce the workers’ compensation related injuries due to work hazards and employee negligence. The free information help the employer reduce the risk of workers’ compensation injuries that result in higher annual premiums.

For more information about how your annual workers' compensation premiums are calculated and the mistakes that can cause your rates to go up - CLICK HERE