California Simplifies Workers’ Compensation Experience Modification Calculations- for All Business Owners

The Insurance Commissioner recently adopted changes to experience rating. These changes make it easier for employers to understand:

• How reducing workplace injuries will reduce their premium cost
• The importance of reporting all claims

The new formula excludes the first $250 of each claim from the X-Mod computation. This change removes any experience rating incentive to not report the cost of small or “first aid” type claims to your insurer. The new simplified formula also places a clear and direct emphasis on reducing the occurrence and cost of workplace injuries as reflected in the actual primary losses.

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The first $250 of every claim is excluded
Reporting the cost of minor workplace injuries helps everybody.
* See attached Flyer Below...

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