WC Claim Reserves Cost You Money!
What is the balance in the WC claim "check book" when your loss history is reported to the Rating Bureau?
The entire cost of a claim, including the unspent reserves will impact your experience modification. It is critical that these reserves be reviewed prior to the data being reported to the WC Rating Bureau.
When is the data reported?
What is a claim reserve?
To find the answers to these questions and more information please contact a knowledgebroker.
