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Focus Manufacturing

Reducing the Experience Modification Factor

Posted by Dan Scheider

describe the image Issue

Utilizing technical knowledge of the variables affecting the EMF to reduce the client’s Experience Modification Factor.

Payroll errors

Classification errors

Over-reserved claims

Closed claims

Successful subrogation

OCIP payroll

OCIP claims

Claims assigned to incorrect state

Value

Reductions in the EMF have ranged between 2 - 26 MOD points depending upon the client and the particular issue, thus reducing the client’s premium cost and improving their ability to bid work.

Testimonials

“Several years ago we were only able to secure Workers Compensation coverage through the State of Wisconsin WC “pool”. The Scheider Team worked tirelessly to get us out of the “pool” and for the last few years our Workers Compensation costs are declining along with our WC Experience Modification Factor (currently at .79).”

Regional Enterprises, Inc. - Les Whiteaker, Retired CFO
Client since 1999

Topics: Tom Scheider, Dan Scheider, Manufacturing, FOCUS on Risk Management, R&R Insurance, Experience MOD