Making Workers' Compensation Work Right for Minnesota's Union Construction Industry

- UCWCP NEWS



WELCOME ABOARD NEW MEMBERS!


Contractors:

  Effective January 1, 2018:
  360 Wall Systems, Inc.
  Coulee Crane Service, Inc.
  Fowler & Hammer, Inc.
  RJM Construction, LLC

  Effective December 1, 2017:
  Incor Installation, LLC

  Effective November 1, 2017:
  Red Cedar Steel Erectors, Inc.



Sponsoring Insurance Provider:

  Effective March 1, 2018:
  United Fire Group Insurance was approved as our newest sponsoring insurance provider. They offer a 5% premium credit for our members.





SUBSCRIPTION FEES FOR 7/1/2017 TO 6/30/2018: DECREASED!

Great News! The Board of Trustees approved a DECREASE of the payroll assessment rate (from .13% to .12%) and NO CHANGE to the minimum annual fee ($960) or maximum annual fee ($8,450).

The corresponding amounts of minimum and maximum assessed payroll were changed to reflect the decrease, as follows:
*Minimum assessed payroll: $800,000 x .0012 = $960/year;
*Maximum assessed payroll: $7,041,670 x .0012 = $8,450/year.



2017 ACCOMPLISHMENTS

  • • In C.Y. 2017, our 361 member contractors paid $1.23 BILLION to employees covered by collectively bargained agreements. Our members continue to win more bids!
  • • Membership Growth: Enrollment of 15 new contractors and $86 Million of participating payroll. Thank you for spreading the word to your peers in the industry about benefits of membership.
  • • The Program average EMR again achieved a record low of .91 for the group.



NEW RESOURCES

We continue to add new resources to help our participating contractors utilize the benefits of the Program. Check out our “Need Help in Controlling your EMR?” guide, Designated EPO Provider Map Template, and EPO Physician Search Tutorial. Click here to visit the Program Documents page.



2016 AUDIT RESULTS

The UCWCP is a Taft-Hartley Trust, qualified pursuant to Internal Revenue Code 501 (c) (9). As such, an audit of the Trusts’ financial statements and net assets is completed annually by an independent auditor. For the 2016 calendar year, the trust has again obtained the highest quality rating based upon generally accepted accounting principles.