Collected on the basis of rates which are calculated on the results of the combined loss experience of "good" and "bad" accounts. "Good" businesses pay the experience of the "bad" businesses.

Rates based on HONY Group's own experience. Eliminate the negative effects of "bad" accounts.

Not accounted for in base rates. Investment income is a benefit to insurance companies.

Investment income is returned to group fund to reduce costs. Income is earned on prepaid premiums, company surplus and unpaid reserve amounts.

Loss control and accident prevention is sporadic.Claims can escalate.

Each member participates. The S.A.F.E. program is working towards an Injury Free Work Environment. Claims are minimized.

Large overhead, uncontrolled claims, no homogeneity in group are cause for large expenses.

Reduced overhead, strong accident prevention, group homogeneity minimize expenses and reduce insured premiums.

Earned for the financial benefit of the insurance company.

Returned to the group to reduce costs or as dividends.