Test Audit Program
The Workers' Compensation Insurance Rating Bureau of California (WCIRB) enforces the strictest audit program in the country through its test audit program with significant fines and penalties for failure to meet the minimum standards.
MISCO has developed an unequaled program to ensure success in meeting the WCIRB's audit standards. MISCO has successfully assisted carriers in surpassing the minimum standard and being exempted from the program; getting back under the maximum standard and achieving results that eliminated existing fines and penalties.
Through its test audit program, the WCIRB provides one of the best measurements of premium audit. Their results consistently prove that a quality audit program pays for itself over the years; the statewide results show that carriers usually are entitled to additional premium which they failed to collect. So in the long run, a quality audit program costs no more.