The experience mod is the single most important factor when determining workers’ compensation premium. This training program will help employers understand how the experience mod works and how to utilize that knowledge to control your workers’ compensation costs.
At the end of the webinar, attendees will be armed with the knowledge they need to reduce their experience mod and make better decisions when purchasing workers’ compensation.
Why Should You Attend:
This webinar will cover what employers need to know about experience rating. Attendees will learn the most important date of their workers’ compensation policy year. What is your minimum mod and how can you get closer to it? How can you more effectively manage your experience mod so that it is as low as it can be every year? Participants will also learn about simple red flags to look for on their experience mod that may indicate an error has been made.At the end of the webinar, attendees will be armed with the knowledge they need to reduce their experience mod and make better decisions when purchasing workers’ compensation.
Areas Covered in the Webinar:
- The opportunities for employers when they understand their experience mod
- The critical importance of the valuation date
- Understand how to discover how much excess capital you have locked up in your experience modification
- How to calculate the minimum mod and a plan to get there
- The importance of keeping claims medical only
- How to find errors on the experience mod worksheet
Who Will Benefit:
- CFO
- President
- Vice President
- Manager
- Supervisor
- HR Professionals
- Anyone in the organization that handles workers’ compensation
Speaker
Kevin RingCourse Provider
Kevin Ring,