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ModMaster WebHelp:
Performing a NJ Calculation

WebHelp Table of Contents

 Tutorial 

Setup page

Payroll page

Small/grouped losses

Large/itemized losses

Calculation summary

Reports

 Videos 

Performing a NJ Calculation

 FAQs 

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Setup page

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When you want to do a NJ calculation, you must select "NJ" as the Calculation Type. NCCI is the default. Note that PA/DE and NJ cannot be combined with each other or with NCCI states in the same calculation. View the video clip for sample data entry, or see the WebHelp for the Company Setup Page for more details which apply to every calculation type. 

Payroll page

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You must provide a payroll code and payroll amounts for each applicable policy period. Note that the NJ payroll screen is identical in operation to the NCCI payroll page, except that there is not a field in which to specify the state. 

Small/grouped losses

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Enter the Total Minor Losses data for this page from the NJ bureau worksheet. These losses are coded with the letters "TML" under the claim number on the worksheet. Specify both the policy period and the calendar year of each loss. 

Large/itemized losses

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Losses not indicated as "TML" should be entered on the Large Loss page. The data entry for these losses is divided into a required and an optional section. In the required section, when you enter the medical and indemnity amounts of the loss, ModMaster calculates the total loss for you.

For your data entry and viewing convenience, alternate spreadsheet-type views of the large loss data is available by choosing different options off of the View button on the toolbar. View a demonstration of the View button.

You will most likely obtain the loss data from a NJ mod worksheet, but if your data comes from an alternate source, be sure to resolve all of the required fields (such as Employers' Liability Case and Longshore and Harbor Workers loss designations) so that the mod can be correctly calculated. View a discussion about data sources.

NJ large loss toolbar options are similar to the toolbar options throughout the system. View a demonstration of the toolbar options.

Calculation summary

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Key values from the mod calculation are shown. Note that the labels "A", "F", etc., correspond to the labeling on the NJ bureau worksheet. If the ModMaster mod differs from the bureau's mod, you should compare each of these values to see which particular numbers are different. For example, different "A" values may indicate that you have mis-entered a payroll value. Different "I" or "J" numbers may indicate that you have mis-entered a medical or indemnity value on one of the loss records.

Reports

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Five reports are available for a NJ calculation. This video clip shows reviews the basic features of each of these reports. Update: new NJ reports Loss Analysis by Policy Period and Minimum Mod and Loss Sensitivity are available as of update 05.13 and later. Videos showing these new reports will be added soon.