X-Mod
Give me the current and prior numbers if you have them.
Workers' Comp Cost Review
If claims are affecting the account, start with the numbers they feed.
I will use your premium, payroll and X-Mod to see whether the experience side of the account deserves a closer look.
I will work from the account numbers first, then show you which records I would want before drawing a conclusion about the claims.
A claim on the loss run is only part of the picture.
I want to know what the experience record is doing to the account before I decide what a claim means commercially. The X-Mod and premium movement give me a place to start.
- Current X-Mod position.
- Change from the prior X-Mod.
- Premium movement that payroll alone does not explain.
What I will check first
You do not need to diagnose the claims yourself. Give me the account figures and I will show you what deserves review.
Premium and payroll
Give me both policy periods so I can compare them.
Loss records
If the numbers point there, I will tell you what I want to see next.
You will know whether the experience side needs attention
I will show you what the account numbers support, then lay out the claims and reserve records I would review before making a recommendation.