Comp-As-You-Go

Automatic Workers Compensation Premium Reporting*

Bangor Payroll has partnered with MEMIC, Maine's leading workers' compensation insurer, to offer Comp-As-You-Go. Once qualified, Bangor Payroll will provide your workers' compensation reporting information for each payroll to MEMIC. This information allows MEMIC to calculate your premiums on a payroll by payroll basis. 

Comp-As-You-Go:

  • Alleviates hefty upfront deposits and improves your cash flow
  • Directs payment of workers' compensation premium
  • Provides timely, accurate payroll-to-premium calculations
  • Minimizes exposure to large year-end audits  
  • Reduces risk of overpayment or underpayment

To learn more about the benefits to you and your business, we encourage you to contact us at 1.800.471.3300 or bangorpayroll@bangor.com. You can also contact your MEMIC agent.

* For all Qualifications and Considerations, please see Comp-As-You-Go Payroll and Tax Services Qualifications & Conditions Terms & Conditions on the disclosures page.

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