A: If so, you and your injured worker miss out on the advantages that reporting provides, including medical networks for quality treatment, lower payment arrangements, and experienced claims adjusting, By paying the injured worker out of pocket, you also may be considered the “primary payer” under federal Medicare law, requiring you to report information about the injury, on multiple occasions, to the Center for Medicare Services or face financial penalties. Reporting a claim promptly to Chesapeake Employers ensures that we are the primary payer for purposes of Medicare reporting. For more information on Medicare reporting requirements, see www.cms.hhs.gov/MandatoryInsRep
A: Workers’ compensation insurance is a no-fault benefits system. Employers who obtain workers’ compensation insurance are protected against liability arising under the Maryland workers’ compensation law. For employers who have workers’ compensation coverage with us, Chesapeake Employers will provide benefits to injured workers as allowed under Maryland’s workers’ compensation law. These benefits may include medical care, physical and vocational rehabilitation, medical equipment, and payment for lost wages and permanent disability.
Employers are required by Maryland law to either obtain workers’ compensation insurance from a licensed insurance company, like Chesapeake Employers’ Insurance Company, or be approved as a self-insurer.
A: All employers in the State of Maryland with at least one part time or full time “covered employee” must obtain coverage. Please see the Labor and Employment Article of the Maryland Annotated Code for more information on who is a “covered employee” under Maryland law.
A: Obtaining workers’ compensation insurance with Chesapeake Employers’ Insurance Company is fast and easy. Maryland businesses may place their coverage with us either by using the professional services of an insurance agent or by dealing directly with us to obtain a quote and coverage. Whether or not you choose to work with an agent, your premium is the same. There is no additional cost for using the services of an agent.
A: Every Chesapeake Employers’ policy includes services to help you maximize your coverage. They include:
Safety services and safety materials for the workplace
Fraud prevention and investigation
Legal services for claims
Responsive injury reporting
Expert claims services
Convenient online eServices
A: You must provide the following information:
Details of your business operation
Federal ID number
Social Security numbers of owners/officers
Prior loss history
Number of employees; and
Before a workers’ compensation insurance policy can be issued, a Chesapeake Employers’ underwriter must first evaluate your business operation (“the risk”). At Chesapeake Employers, our underwriting professionals possess strong technical business knowledge to accurately identify exposures, appropriately classify risks, investigate prior loss experiences, and ensure the appropriate pricing for each risk.
A: Maryland law permits certain officers of close corporations, members of an LLC or P.A., or up to five officers of other corporate entities, to file a formal election to exclude themselves from workers’ compensation coverage. Please see Section 9-206 of the Labor and Employment Article of the Maryland Annotated Code for specific information on this topic. Sole proprietors and partners are automatically excluded from coverage and must elect to include themselves.
A: This coverage protects an employer in those cases in which an employee files suit against the employer in lieu of accepting workers’ compensation insurance benefits.
A: Your premium is calculated by assigning a business classification code (or combination of codes) that best describes your operations. Each code represents a rate per $100 of payroll that is multiplied by your total estimated annual payroll for that code. Other factors may affect the calculation, such as your business’s safety practices and experience modification.
A: An experience modification, or “e-mod,” allows for an adjustment to your premium rate. It reflects your claims history compared to other business in your classification. A good loss history will decrease your premium. A poor loss history will increase your premium.
A: Coverage for Maryland employees working in other states on an incidental basis is provided under your basic Chesapeake Employers policy. Employees assigned for extended periods of time or permanently located in another state require a separate policy. For your coverage needs in these situations, Chesapeake Employers has teamed with Zurich North America to provide an insurance solution in all U.S. states except North Dakota, Ohio, Washington, Wyoming, U.S. Virgin Islands and Puerto Rico.
If you need Other States Coverage, please contact a Chesapeake Employers underwriter or your insurance agent.
A: Our Customer Services Center is available to explain your bill, provide the balance owed, and help you with any other billing question you may have
A: If the old policy has been cancelled for less than a year, we can rewrite the policy utilizing the prior policy number. The policy will be rewritten for a term of 12 months and an annual premium will be charged. We also offer payment plans, which must be approved by an underwriter.