Proper workers’ compensation coverage is crucial for protecting any Houston-based business and its employees. However, navigating state regulations and provider networks alone can burden business owners unfamiliar with the system.
This is where NetPEO can help you. We connect companies to premier Houston PEO insurance service providers with workers’ comp solutions. NetPEO works with top-rated professional employer organizations as a broker to help companies find the best PEO.
PEOs offer companies optimized coverage, claims management, and risk management services. Companies that partner with a PEO gain the experience and group purchasing ability required to minimize premium costs while ensuring full regulatory compliance.
Is Workers’ Compensation Required in Texas?
A Houston PEO company familiar with Texas laws can help you comply with the requirements of the Texas Department of Insurance, explain whether getting insurance is in your company’s best interests, and help you find it for a cheaper rate than you could on your own.
Texas does not require workers’ compensation coverage like many other states, though there are exceptions for some contractors. Having workers’ compensation protects you from lawsuits if an employee gets hurt on the job.
Workers’ compensation also provides money to your employees for lost wages and medical benefits. If you choose not to provide coverage, Texas considers you a workers’ compensation “non-subscriber” and you are subject to additional regulations and reporting requirements.
How a Houston PEO Can Help You With Workers’ Compensation Services
PEOs do more than keep you compliant with Texas regulations and help you choose an insurance provider. They can also:
- Negotiate optimal insurance rates through group purchasing power and safety track records.
- Manage all paperwork/compliance, like evidence of coverage, rate quotes, payroll record audits, and accident reporting.
- Act as your company’s agent to handle disputes, and negotiate reductions for modifications if applicable.
- Pay bills and premiums directly so employers don’t have to track due dates and payment processing.
- Provide safety training programs and toolkits to help reduce risks and lower future premium costs.
- Advocate for expedited claim approval and payments to injured workers if disputes arise.
- Stay up to date on regulatory changes from the Texas Department of Insurance.
- Help with multi-state compliance if a company has locations in different jurisdictions.
- File necessary documentation and handle audits/investigations to avoid penalties.
- Monitor experience modification factors and aid in appealing unfavorable adjustments due to past claim history.
How Else Can a PEO Help My Company?
Here are some of the key benefits businesses receive by using a professional employer organization:
- Reduced administrative burden – A PEO handles complex HR tasks like benefits administration, payroll processing, and compliance issues. This frees up time to focus on your core business.
- Lower costs – PEOs consolidate multiple clients to achieve economies of scale. They can negotiate better insurance rates and prices on services through their increased purchasing power.
- Access to benefits plans – Even small companies get large group benefits through a PEO. This helps attract and retain talented employees.
- Compliance expertise – PEOs keep up with changing employment laws and ensure you stay compliant with all regulations. This reduces fines and legal risks.
- Specialized support services – PEOs provide services beyond core HR like recruiting and screening, safety programs, and retirement plans.
- Reduced liabilities – As the employer of record, some legal responsibilities and litigation risks transfer to the PEO, protecting you from liability.
- Flexible scaling – PEOs accommodate for seasonal/temporary staffing needs without long-term hiring/firing obligations.
In short, a PEO can handle much of your HR and payroll needs. These are vital tasks, but they require experts to do well. A mistake can cost your company a lot of money and open you up to legal liability. A PEO can protect for less than you’d spend hiring full-time staff.
How NetPEO Can Help You Choose a PEO
NetPEO has vetted relationships with top-rated PEOs in the Houston area and has a track record of success. Our experts can provide impartial guidance on the different offerings, specializations, pricing structures, and service levels of each PEO.
Our consultants will gather business details from you, like industry, size, and workforce needs to recommend optimal PEO matches. We can also provide references from existing customers of potential PEOs to validate performance.
NetPEO remains available after onboarding to address any integration issues or future partnership developments. Should you need to transition to a new PEO later, we can handle the logistics to ensure a smooth changeover.
Contact NetPEO for a Free Quote
Navigating the complexities of employee benefits, compliance requirements, and risks alone is challenging for any small to medium-sized Houston business. Partnering with an experienced PEO through NetPEO alleviates these burdens while saving you money.
NetPEO’s dedicated team of experts can guide you through the process of selecting the right PEO match based on your unique needs. Using their pre-established network of top-rated PEOs provides you access to optimized solutions you may not be able to efficiently source on your own.
To start working with a Houston PEO for workers’ compensation services, contact NetPEO today. A representative will be happy to schedule time to discuss your situation and provide you with a free, no-obligation quote for PEOs that match your needs.
