Workers Compensation April 17th 2024

Workers’ Compensation Experience Rating: Recent Changes and Best Practices

Understanding your workers’ compensation experience rating, often known as your experience mod, is critical to ensuring your organization is effectively managing your workers’ compensation costs.

Join Holmes Murphy’s Vice President of Commercial Risk and Safety, Chris Murphy and Property Casualty Client Manager, Michelle Gruis as they discuss the basics of the experience mod formula and its use, the “split point” that applies to each claim and recent state-specific changes in the split point calculation, and what your organization can do to impact your experience mod.

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