7 Dirty Secrets of Workers Compensation Insurance - Dirty Secret #4 |
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Articles -
Workers Compensation Insurance
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Page 4 of 7 Dirty Secret #4 Experience modification factors are often wrong or mismanaged
Most insurance buyers accept on “good faith” that their experience modification factor is correct. Why? You need to know, because most of the time it may be wrong and the insurance company benefits. Even correct, these are simple strategies to lower it. Do you know these strategies? - Your entire payroll is put into the highest classification
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