BWC Offers Future-Dating of Premium Payments

The Bureau of Workers’ Compensation (BWC) has announced that a process for future dating payments is now available for customers through its website. Employers can schedule payments for their premium installments to ensure they maintain active coverage and comply with the true-up reconciliation.

The first day the offering was available, June 30, 650 payments for almost $2 million were scheduled for payment to BWC on July 3, 2017.

Here is more information from BWC about the service offering, and here are a few important points about future dating payments:

• ACH transactions only
• No credit card payments
• Your bank may require an authorization code from BWC, it is the employer’s responsibility to provide to its bank with the BWC debit blocker code: #3311334187

7/12/2017