Retro, short for retrospective rating, is a safety incentive program offered by Labor and Industries. If your business can reduce workplace injuries and lower claim costs you may qualify to earn a partial refund of your workers’ compensation premiums. If your claim costs are less than the premium paid for that time period you may be eligible for a refund. The refund along with the lower future premium you could be paying due to having fewer claims are savings that cannot be ignored.
When you qualify for Retro and choose Washington Management Council as your Retro Program Manager, you are joining other manufacturers across Washington State that are just as serious about safety and cost savings. Members of WMC represent some of the most safety-conscious enterprises in the state. The benefits of joining a Retro program are numerous. You’ll experience less exposure to large claims and realize greater savings as a member.