Experience Modification Projection
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Due to the impact the experience modification has on your bottom line, the ultimate cost of your workers compensation policy, it's important that you know, in advance, what your emod will be next year. Experience modification projections include:
A look into your future.
A tool you can use to assist in budgeting your workers compensation costs into the future.
While based on existing loss data, projections allow you to see the effect variables of payroll, rate and claim data have on your experience mod factor.
And much more...