Understanding Your Ex-Mods: 7 Ways to Lower Your Insurance Costs
In short, your Experience Modification rate is the best opportunity you have to influence your workers' comp costs. Your Ex-Mod is based on the past cost of injuries and provides a comparison between businesses within the same industry.
A company's Ex-Mod is one thing that the employer does have control of. Learn how to implement effective safety health management systems to significantly reduce injuries & illnesses along with the costs that are associated with them.
-What is an Ex-Mod and why is it crucial for business owners to know?
-How are Ex-Mods calculated?
-Who is eligible for an Ex-Mod?
-2 things rarely ever contemplated in Ex-Mods
Presented By: Sean Nitzen, VP of Risk Management & Sales
Sean Nitzen joined Milestone in 2003. He started his career in the insurance industry in 1992, shortly after he graduated with a Bachelor' Degree in Marketing from Cal State Fullerton.
In 2003, Sean co-authored "8 Steps to a Winning Workers' Compensation Program- A workers' compensation guide for the small to medium sized employer" (Lulu Publishing).
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