IOA Experience Modification Analysis
IOA is proud to administer an experience modification analysis for workers' compensation policies.
Workers' compensation premiums are expensive. Unfortunately, a lot of business owners have been lulled into thinking all such programs cost the same, just because base workers' compensation insurance rates are determined at the state level. Nothing could be further from the truth.
Our objective is to minimize your workers' compensation costs and assist you in selecting the best insurance provider. We administer your workers' compensation, not just write it.
The Value-Added Services we can Provide our Clients Include:
- Experience Rate Your Account
- Validate Your Experience Modification
- Forecast Future Mods
- Review Payrolls For Corrective Action
- Analyze and Sort Claims for Corrective Actions
- Dissect the Costs of Your Workers Comp
- Work with Carriers and NCCI to be Sure Corrections are Completed
A final question to ask yourself:
Do you really know if your experience modification factor is correct? Did you know yours could be wrong, and you would never know it? Premium savings and return premiums have been considerable for many of our clients. This service is available to prospective clients on an hourly or fee basis.
For more information about IOA Experience Modification Analysis, call (800) 243-6899.