Billing & Payments
Comp-As-You-Go Pay Plan
Works with your current payroll processing method including most payroll companies
No premium deposit required
Easy set-up—complete Insured Intent Form and your agent will send it to MEMIC along with ACORD Application
On-going customer service provided by MEMIC
No guesswork payments
The enhanced MEMIC Comp-As-You-Go pay plan allows you to pay your workers’ comp premium when you process your payroll. Whether you manually enter your data, use a payroll company or your own accounting software, Comp-As-You-Go is set up to work to upload data the way you want. The Comp-As-You-Go Portal also allows you to manage your uploads, securely set-up your bank accounts to make payments and access archived reports and payment history.
Note: All policies will be subject to a final premium audit adjustment—however, the more accurate the payroll and classification reporting, the less likely there is to be a significant adjustment at audit.
Easy sign up
To get more information or to sign up for MEMIC's Comp-As-You-Go pay plan, talk to your agent today. They will have you complete an Insured Intent Form and once MEMIC receives it, you'll receive a welcome call to set-up your account.