PrecisePay is the EMPLOYERS (pay-as-you-go) premium payment program that allows policyholders to make smaller, more frequent premium payments by paying each payroll period.
PrecisePay calculates the workers’ compensation premium from a business's actual payroll figures and assigned classifications each time payroll is processed and submitted to EMPLOYERS. State-mandated assessments, taxes, and surcharges are collected in accordance with state law. Payroll information can be submitted to EMPLOYERS by a policyholder or by their approved payroll service provider.
To learn more about PrecisePay, please visit this link.