ModMaster featured in
Workers' Comp Bottom Line
An article by insurance
copywriter Nancy Germond in the June 2007 issue of
Workers' Comp Bottom Line focuses on how ModMaster can
help convince managers that injuries don't just have their
medical and (possibly) indemnity components: they also
impact the workers comp premium for not one but three years.
-more-
As featured in
recent Insurance Journal issues:
If you're interested
in showing your client or employer how workers
compensation insurance costs are affected by the
experience rating mod factor, we invite you to
read our free newsletters:
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Workers Comp
Specialist Shows How a $100 Indemnity
Payment Cost Client $4,710
One loss in an experience rating period
is a medical-only claim of $5,600. Another
loss is $5,700 but includes $100 of
indemnity and $5,600 of medical. At first
glance you might expect these losses to
impact the mod about equally. But analysis
of these specific losses may lead to
surprising results that can be very
important to your client. - more -
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Agents,
Employers Too Easily Satisfied with Mod of
1.0, Experience Rating Expert Says
Many
agents and employers have the
misunderstanding that a mod of 1.0 is good.
This is like saying a “C” on your grade
school report card is good. Understanding
the minimum and controllable mod will help
you explain the mod and emphasize the
potential for workers comp premium savings
that can be achieved through controlling the
losses that generate the controllable mod.
- more -
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