CAPS-SIG:CA Private Schools Workers’ Compensation Program

About the ProgramThe California Private Schools Workers’ Compensation Self-Insurance Group, Inc. (CAPS-SIG) is an alternative to traditional workers’ compensation insurance. Founded in 2004, this turnkey program is a superior long-term coverage solution for your school.

RPS Monument understands the unique workers’ compensation needs of schools, and partners with you to develop customized safety programs, control the claims process, and reduce costs. RPS Monument handles the day-to-day management of CAPS-SIG, thereby reducing the burden on your agency’s Human Resources department.

How it WorksCAPS-SIG, Inc. succeeds because the covered employers have a long-term interest in preventing and controlling injuries. Each member plays two roles: a participant in the plan and a participant in the plan’s governance. Members make contributions, which fund losses and program expenses. After claims are closed and expenses paid, the surplus funds–including investment income–are returned to the members.

RPS MONUMENT255 Great Valley Parkway, Suite 200Malvern, PA 19355Ph: 610.647.4466 • Fax: 610.647.0662CA License #0C66724RPSins.com

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Program Highlightsat a Glance

Average annual contribution:

$225,115

75%of contributions fund losses

and loss expenses

Combined net worth of membership:

$105MSince its founding, fixed costs as a

percentage of payroll have decreased:

15%Throughout the program’s history,

members have made contributions

that are approximately

20%less than market equivalent premiums

Enhanced ServicesCAPS-SIG employs a distinct approach to workers’ compensation coverage. Program members enjoy comprehensive benefits including:

• Lower Costs: The program has lower administrative costs than traditional insurance plans, and is not subject to premium taxes.

• Increased Control: Members have a voice in program decisions through the self-governance process.

• Tailored Accident & Injury Prevention Plans: CAPS-SIG loss control and avoidance programs are designed specifically for schools. Our loss control staff includes several bilingual employees who provide quarterly on-site inspections.

• Surplus Funds Returned to Members: The plan is non-profit.

• Customized Claims Management: The claims management process includes quarterly claim reviews and enhanced communication, along with a dedicated claims team.

• Claims Litigation Strategy: The program’s litigation platform is built for the California market and the particular needs of the non-profit social services industry.

Why Choose RPS Monument?A leader in California alternative workers’ compensation plans for over a decade, RPS Monument brings its members financially stable programs and customized service at steady, competitive rates. RPS Monument’s primary services include program design, regulatory compliance, niche-based safety and loss control, and aggressive claims management. The company has continually managed every program it’s established and maintains a 98% client retention rate.

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