Premium Accounting Audits

Premium Accounting audits are conducted to verify the accuracy of premium rates, commissions, and administrative fees. Premium remittances, fee allocations, and the report development thereof, are tested for exactness. Delinquency and collection processes are examined to corroborate that adequate measures are taken to collect the required premium when due. Enrollment procedures are evaluated to ensure applications are properly completed, enrollment and participation requirements are adhered to and evidence of good health forms for late enrollees are properly obtained.