Be sure to note the timeframe required for providing written notice of termination. Determine whether there are any penalties for moving your business or other by-products of such a decision. For example, some provider contracts allow them to assess participants even after they ve left the program. Find out whether your provider can still bill you for claims administration or other expenses. Clearly, it s important to know what will happen when you move your business.
Several options are available.
Choose a provider that can help you evaluate what s best for your district. TASB s Risk Management consultants are available to assist you in determining what s best for your district. Running a network of schools is very different from making computer chips or operating a restaurant. Most school district risk managers prefer dealing with providers that understand the complexities and idiosyncrasies particular to school districts. No one wants to waste time educating a rookie adjuster when you have a cafeteria worker who is seriously injured.