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Looking for Trouble: Finding and Correcting Mod Errors

24/06/2009

Listen "Looking for Trouble: Finding and Correcting Mod Errors"

Episode Synopsis

View the full blog at http://www.workcompedge.com/blog/blog.cfm

Today's blog will be most useful to insurance agencies who are assisting their clients with experience mod verification and analysis, but the main point is important to agents and employers alike: sometimes errors in the mod occur, and these errors can cost the employer money through increased premium costs. Therefore it's important to go "looking for trouble:" to know how to identify such errors, and how to get them corrected.

Both data reporting and, less frequently, calculation errors can impact the mod - and the amount of premium that an employer must pay. Checking for and questioning such errors can save an employer money!
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