If you're a business owner, you can't avoid workers' comp in Hawaii — state law requires it. But why settle for an expensive and cumbersome insurance provider? At ProService Hawaii, we provide an alternative option to traditional workers' compensation in Hawaii. We eliminate cash-flow-killing down payments, annual audits, and a slow process for managing a workers' compensation claim. Simply put, our approach to workers' compensation in Hawaii is easier to manage, less expensive, and works harder to protect your business and employees.
With us, you even get access to safety training programs, mock inspections, and safety professionals to help you prevent injuries at no additional cost. The result? Up to 15% lower premiums, reduced risks, high productivity, and compliance for our clients.
“Our workers’ comp and health insurance costs were going up and up. It was ridiculous. Once we started working with ProService, our rates stabilized and stopped rising at the same time other companies were telling me that their insurance rates were over the top.
Fred Lau, Owner, Fred Lau Hawaiian Maintenance Company
Traditional workers' compensation providers require large down payment upfront. Not us. With ProService Hawaii, you can skip the upfront deposit and pay for your premiums as you go. How does it work? Each time we process payroll, we will calculate your workers' compensation costs based on your actual payroll dollars (not estimated payroll). This means your premium payments will be accurate, and you will never have a surprise bill due to under-reported payroll at the end of your policy term.
Creating a strong safety culture can help you reduce injuries at work. It can also help keep workers’ compensation costs low and avoid expensive OSHA fines. At ProService Hawaii, not only do we help you when employees get injured, we help you take steps to prevent them in the first place. We offer safety training courses and certifications like OSHA 10 & 30 Hour General Industry, CPR, AED, First Aid, and Basic Life Support – to name a few.
Here are highlights of our safety program:
Do you know what to do next if your employees become injured on the job? With ProService Hawaii, all you need to do is call us, and our team of experts will jump into action on your behalf. We provide you with advice and the next steps, take care of the necessary incident reporting, and handle all the claims administration. No matter the size of your business, you will get reliable, hands-on support and direct access to our team of experts – at no additional cost. We work closely with your injured worker and medical professionals to ensure your employee recovers and can return to work quickly, all while keeping you informed.
We help you:
Workers' compensation is a type of insurance required by law in Hawaii. Workers' compensation insurance covers medical treatment and provides wage-loss and permanent disability benefits to employees who become sick or injured on the job. In exchange for providing workers' compensation benefits, your employees cannot file a civil lawsuit against your business for work-related injuries.
While some employers self-insure, most employers purchase insurance from an authorized workers’ comp carrier. As an employer, you are responsible for paying 100% of the cost to provide Hawaii workers' compensation insurance to your employees, meaning you cannot require employees to contribute to your workers’ comp insurance premiums. When your employee becomes ill or injured from a work-related incident, it should be immediately reported to your workers’ comp carrier. Once a claim is filed and accepted, your carrier is responsible to ensure that the employee receives all necessary medical treatment, applicable wage loss benefits, and, if the employee sustains any permanent impairment, permanent disability benefits. If the employee sustains an injury that renders them unable to return to their prior job, they may also be eligible for vocational rehabilitation. Workers’ compensation insurance only covers work-related illnesses and injuries. If an injury or illness is not work-related, your employee may be eligible for Temporary Disability Insurance benefits, which Hawaii law also requires you to provide.
The cost of Hawaii workers' compensation insurance varies from business to business. Your payroll impacts your costs, as do other variables such as your industry, the type of work employees perform, and your company's safety record. Here's a brief overview of these variables.
There are two types of workers’ compensation providers: Traditional workers’ compensation providers and pay-as-you-go providers. Both offer the same type of workers’ compensation coverage and benefits—the main difference is how you pay for your premiums.
Unlike traditional providers, pay-as-you-go providers can help eliminate the need for a large up-front deposit and a painful audit at the end of the year. With a pay-as-you-go plan, your business relies on your real-time payroll data to calculate workers' compensation premiums (not payroll estimates). Each time you run payroll, your workers' compensation premiums get calculated simultaneously. These are two the biggest reasons why pay-as-you-go providers are growing in popularity with businesses today—and why ProService Hawaii only offers this type of billing.
With a traditional provider, your projected annual payroll determines your workers' compensation costs. Traditional plans require businesses to put down a large upfront deposit, followed by several installments and an extensive audit at the end of the year. With this option, your business is more at risk of overpaying or underpaying for workers' compensation based on your payroll projections. Those underpaying will have a surprise bill at the end of their annual audit.
ProService is the HR partner that takes a holistic approach to workmans’ comp in Hawaii. Our workers’ compensation program is unique for several key reasons:
When you choose a partner like ProService Hawaii, you don't just get “human resource services”, or a do-it-yourself software. You get an an actual team of local, HR professionals at a fraction of the cost of a full-time hire.