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On November 10, 2022, the Board of Trustees of the ACCG - Group Self-Insurance Workers’ Compensation Fund (ACCG-GSIWCF) voted to decrease the overall rate structure by 7.3% for the 2023 ACCG-GSIWCF renewal. Rates have continued to decrease over the last nine years due to the members’ improved loss experience.

Each member is individually rated, considering several factors. While many members will receive premium decreases, others may see increases due to extraordinary growth in payroll or poor loss experience, for example. Also, individual job class rates have been adjusted up or down based upon the collective members’ historical claims and payroll by job class. 
All members are encouraged to be actively engaged in safety efforts for the benefit of their employees, utilizing the assistance of Local Government Risk Management Services (, which is included in the program. Effective safety programs along with experienced, professional claims handling by ACCG Claims Administration Services, help keep premiums down. 
The Board also voted to return a $4.25 million dividend to eligible members that renew their membership effective January 1, 2023. This dividend will be returned in the form of a premium credit, which has been provided every year for the past 28 years. The dividend is designed to reward long-term membership in the Fund and will apply to those members that have been in the program since 2013 or earlier. The dividend reduces the average member’s 2023 premium by 13.8%. This is one of the many benefits of belonging to a non-profit, group self-insurance program. The total amount of dividends returned to the membership since 1985 is $114 million, including special cash returns of $23.5 million to eligible members in 2016, 2019, 2020, 2021, and 2022. Annual premiums are set to cover expected losses and expenses, so these dividends are the result of better-than-expected claims experience and investment income.
ACCG-GSIWCF is a member-owned insurance fund that was established in 1982. The Fund currently provides workers’ compensation coverage for 169 members, consisting of 134 Georgia counties and 35 county-related authorities. McDuffie County Commissioner Fred Favors serves as Chairman of the ACCG-GSIWCF Board of Trustees. 
For information on the ACCG Insurance Programs, please contact Joe Dan Thompson at 404-522-5022.

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