|
NATA
Announces 22% Good Experience Return to IFBOA Workers’ Compensation Insurance
Program Participants
Washington, DC, December 7, 2015 – The National Air Transportation Association (NATA)
announced today the distribution of a Good Experience Return (GER) of over
three million dollars to participants in the Independent Fixed Base Operators
Association (IFBOA) Workers’ Compensation Insurance Program. NATA purchased
IFBOA earlier this year in part to expand this industry leading Program to include
both IFBOA and NATA members.
President and CEO of the National Air
Transportation Association (NATA), Thomas L. Hendricks stated:
“We are proud to offer a Workers’ Compensation
Insurance Program that provides competitive rates and significant financial
returns to our members. Program participants enjoy considerable cost savings while
protecting their employees—something lacking in many other programs.”
The exclusive NATA and IFBOA member-only Workers’
Compensation Insurance Program provides a proven option to combat the
increasing cost of insurance premiums. This year’s return is just another
example of the success of the IFBOA Program, which has a projected 22% ultimate
return to its participants, payable over a 5-year GER payout schedule. The
success of this Program is due in part to participants promoting a safety
culture and returns are contingent upon the safety of employees. Routinely validating
and updating these practices supports profits for all.
IFBOA Program participants can expect to start
receiving their Good Experience Return checks in the mail as early as Monday,
December 7, 2015.
# # #
NATA, the voice of aviation business, is the public policy group representing the interests of aviation businesses before Congress and the federal agencies.
For more information about NATA, please visit www.nata.aero, www.twitter.com/nataaero or www.facebook.com/nataaero.
|