Drug Free Pennsylvania formed a partnership 10 years ago with the State Workers’ Insurance Fund (SWIF) to offer their policyholders with premiums greater than $20,000 a credit on their workers’ compensation policy premium based on their level of participation in the Drug-Free WorkPlace Solutions program.
These credits are intended to help you with some of the startup costs associated with implementing a drug-free workplace. Since the program began in 2001, over $860,000 in premium discounts have been issued to SWIF policyholders who joined the Drug-Free WorkPlace Solutions program. The program is completely voluntary, and your company could realize up to a 5% one time premium credit, after policy expiration.
The credit obtained will be based on the number of Program Components adopted over the first 10 months of the policy period. This program offers a lot of flexibility. You can choose one (1) component or all five (5). The program can be structured to satisfy your own corporate culture by allowing you to implement fewer components to qualify for partial credits.
Program Components and
Premium Credits
| Policy Development | 2% |
| Drug and Alcohol Testing | 1% |
| Employee Assistance Program | 1% |
| Employee Training | 1% |
| Supervisor Training | 1% |
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Premium Credit Formula
SWIF Policy Premium X
Credit (%) = Premium Credit |
|
| SWIF Premium
Credit Example |
| | |
| SWIF Policy Premium = $50,000 | |
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| Policy Development (2%) | = $1,000 premium
credit |
| Policy Development + 1 Component (3%) | = $1,500 premium
credit |
| Policy Development + 2 Components (4%) | = $2,000 premium
credit |
| Policy Development + 3 Components (5%) | = $2,500 premium
credit |
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For more information on Drug-Free WorkPlace Solutions and the SWIF Premium Credit program, please visit www.drugfreesolutions.org/benefits/swif/.
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