The Experience Mod Worksheet can look complex. A maze of numbers that somehow winds up resulting in a number that helps determine how much you will pay for workers’ compensation and might even prevent you from getting contracts if it is too high.
In this webinar, Kevin Ring, MWCA, Lead Workers’ Compensation Analyst with the Institute of WorkComp Professionals will give you the decoder ring so you can understand your experience mod at a deep level.
Using examples from the National Council on Compensation Insurance (NCCI), the Workers’ Compensation Insurance Rating Bureau of California (WCIRB), the New York Compensation Insurance Rating Bureau (NYCIRB), and the Pennsylvanion Compensation Rating Bureau (PCRB), Kevin will walk through all of the components of the experience mod.
We will examine the elements of the experience mod, where they come from and which ones you control (and which ones you don’t). We will take a deep dive into the calculation and examine the impact of injuries on your experience mod. Each of the rating bureaus (NCCI, WCIRB, NYCIRB and PCRB) take a slightly different approach to experience rating, so we will look at all four .The NCCI calculation is also used by independent bureaus in Michigan, Wisconsin, Indiana, Minnesota, North Carolina and Massachusetts.
If you have ever looked at your company’s experience mod worksheet and wished you understood more of the information, this webinar is for you.
In this webinar lead by Kevin Ring, MWCA, Lead Workers’ Compensation Analyst with the Institute of WorkComp Professionals, we will dive deep into the experience mod worksheets for the National Council on Compensation Insurance (NCCI), the Workers’ Compensation Insurance Rating bureau of California (WCIRB), the new New York Compensation Insurance Rating Bureau (NYCIRB) and the Pennsylvania Compensation Rating Bureau (PCRB) and walk through the elements of the experience mod.
In this webinar, Kevin Ring, MWCA, Lead Workers’ Compensation Analyst with the Institute of WorkComp Professionals will give you the decoder ring so you can understand your experience mod at a deep level.
Using examples from the National Council on Compensation Insurance (NCCI), the Workers’ Compensation Insurance Rating Bureau of California (WCIRB), the New York Compensation Insurance Rating Bureau (NYCIRB), and the Pennsylvanion Compensation Rating Bureau (PCRB), Kevin will walk through all of the components of the experience mod.
We will examine the elements of the experience mod, where they come from and which ones you control (and which ones you don’t). We will take a deep dive into the calculation and examine the impact of injuries on your experience mod. Each of the rating bureaus (NCCI, WCIRB, NYCIRB and PCRB) take a slightly different approach to experience rating, so we will look at all four .The NCCI calculation is also used by independent bureaus in Michigan, Wisconsin, Indiana, Minnesota, North Carolina and Massachusetts.
If you have ever looked at your company’s experience mod worksheet and wished you understood more of the information, this webinar is for you.
Why you should Attend
Your experience modification worksheet can be daunting to understand, which makes it nearly impossible for you to determine if the information on the worksheet is correct.In this webinar lead by Kevin Ring, MWCA, Lead Workers’ Compensation Analyst with the Institute of WorkComp Professionals, we will dive deep into the experience mod worksheets for the National Council on Compensation Insurance (NCCI), the Workers’ Compensation Insurance Rating bureau of California (WCIRB), the new New York Compensation Insurance Rating Bureau (NYCIRB) and the Pennsylvania Compensation Rating Bureau (PCRB) and walk through the elements of the experience mod.
Areas Covered in the Session
- The elements of experience rating
- What information on your mod you control, and what you don’t
- How the math of the experience mod works
- The impact of your employee injuries on your mod and how it is calculated
Speaker
Kevin Ring, MWCA, CBWA joined the Institute in 2003 after a stint managing systems for a mid-sized manufacturing company. A licensed P&C agent, Kevin has an affinity for making the technical simple, whether insurance or computers. He is especially adept at unraveling ex-mods, audits, and classification clarifications.Who Should Attend
- CEO
- CFO
- Anyone with workers’ Compensation Responsibilities
