The Workers' Compensation Experience Mod - Many Are Wrong, Most are Mismanaged
Instructor:
Kevin Ring
Product ID: 704249
- Duration: 60 Min
Why Should You Attend:
This webinar will cover what employers need to know about experience rating. Attendees will learn the most important date of their workers’ compensation policy year. What is your minimum mod and how can you get closer to it? How can you more effectively manage your experience mod so that it is as low as it can be every year? Participants will also learn about simple red flags to look for on their experience mod that may indicate an error has been made.
At the end of the webinar, attendees will be armed with the knowledge they need to reduce their experience mod and make better decisions when purchasing workers’ compensation.
Areas Covered in the Webinar:
- The opportunities for employers when they understand their experience mod
- The critical importance of the valuation date
- Understand how to discover how much excess capital you have locked up in your experience modification
- How to calculate the minimum mod and a plan to get there
- The importance of keeping claims medical only
- How to find errors on the experience mod worksheet
Who Will Benefit:
- CFO
- President
- Vice President
- Manager
- Supervisor
- HR Professionals
- Anyone in the organization that handles workers’ compensation
Kevin Ring
Founder, Institute of Benefits and Wellness Professionals
A licensed P&C agent, Kevin Ring has an affinity for making the technical simple, be it insurance or computers. He is especially adept at unraveling ex-mods and audits and classification clarifications.
His plain speak approach is the key whether he is presenting at a Certified WorkComp Advisor Institute, giving workshops for employers, or presenting teleclasses for insurance agents. His technical workers’ comp skills have helped Certified WorkComp Advisors through sticky situations (including analyzing a 68 page mod sheet) and he’s constantly working with advisors to deepen their knowledge of the Institute process.
Mr. Ring has analyzed more than 500 experience mod worksheets, finding and fixing errors for CWCAs and their clients. Because of his experience working with advisors and analyzing mods, he designed and directed the development of ModIMPACT, IWCP’s mod analysis tool which helps you better understand the mod, how it impacts premium costs and how to keep it under control. It is a quick, simple and powerful way to analyze a mod and communicate the results.
Refund Policy
Our refund policy is governed by individual products and services refund policy mentioned against each of offerings. However in absence of specific refund policy of an offering below refund policy will be effective.
Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).
