{"id":901,"date":"2013-09-05T01:05:43","date_gmt":"2013-09-05T01:05:43","guid":{"rendered":"http:\/\/www.fourpeaksmarketing.com\/pages\/?p=901"},"modified":"2016-12-04T04:14:09","modified_gmt":"2016-12-04T04:14:09","slug":"the-abcs-of-experience-rating","status":"publish","type":"post","link":"https:\/\/www.fourpeaksmarketing.com\/pages\/2013\/09\/the-abcs-of-experience-rating\/","title":{"rendered":"Experience Rating to Get Back to Basics"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p align=\"left\"><em><em>ABCs of Experience Rating<\/em><\/em><\/p>\n<p>I feel the following topic is of importance to all business owners. If you&#8217;re interested in staying competitive in today&#8217;s economic market, this information can be very useful. \u00a0As always, please call or e-mail me if you&#8217;d like to learn more.<\/p>\n<p>Access the\u00a0<em><a href=\"https:\/\/www.ncci.com\/Articles\/Documents\/UW_ABC_Exp_Rating.pdf\" target=\"_blank\">ABCs of Experience Rating<\/a><\/em>\u00a0\u00a0brochure for\u00a0a helpful and straightforward explanation.<\/p>\n<p>This brochure offers a detailed explanation of experience rating and how it affects your workers compensation costs. It also explains what data is used in experience rating and how a mod is calculated. Revised in 2016.<\/p>\n<p align=\"left\">You\u2019ll discover essential information, such as:<\/p>\n<p align=\"left\">\u2022 Purpose and benefits of experience rating<\/p>\n<p align=\"left\">\u2022 How the Experience Rating Plan operates<\/p>\n<p align=\"left\">\u2022 Qualification for experience rating<\/p>\n<p align=\"left\">\u2022 Definitions of intrastate and interstate modifications<\/p>\n<p align=\"left\">\u2022 Types of statuses\u2014Preliminary, Final and Contingent<\/p>\n<p align=\"left\">\u2022 How the experience modification affects premium<\/p>\n<p align=\"left\">\u2022 Components and calculation of the worksheet<\/p>\n<p align=\"left\">\u2022 Ownership changes that affect experience rating<\/p>\n<h5 align=\"left\"><\/h5>\n<p align=\"left\"><em>National Council on Compensation Insurance, Inc., based in Boca Raton, FL, manages the nation\u2019s largest database of workers compensation insurance information. NCCI analyzes industry trends, prepares workers compensation insurance rate recommendations, determines the cost of proposed legislation, and provides a variety of services and tools to maintain a healthy workers compensation system.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ABCs of Experience Rating I feel the following topic is of importance to all business owners. If you&#8217;re interested in staying competitive in today&#8217;s economic market, this information can be very useful. \u00a0As always, please call or e-mail me if &hellip; <a href=\"https:\/\/www.fourpeaksmarketing.com\/pages\/2013\/09\/the-abcs-of-experience-rating\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,108],"tags":[133,30,145,137,144,143,134,135,142,138,140,141,139,136],"class_list":["post-901","post","type-post","status-publish","format-standard","hentry","category-payrollpeo","category-workers-compensation","tag-e-mod","tag-employer","tag-excess-loss","tag-experience-rating","tag-interstate","tag-intrastate","tag-modifier","tag-ncci","tag-ownership-changes","tag-payroll-and-loss-data","tag-policy-period","tag-premium","tag-primary-loss","tag-workers-compensation-insurance"],"_links":{"self":[{"href":"https:\/\/www.fourpeaksmarketing.com\/pages\/wp-json\/wp\/v2\/posts\/901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fourpeaksmarketing.com\/pages\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fourpeaksmarketing.com\/pages\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fourpeaksmarketing.com\/pages\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fourpeaksmarketing.com\/pages\/wp-json\/wp\/v2\/comments?post=901"}],"version-history":[{"count":40,"href":"https:\/\/www.fourpeaksmarketing.com\/pages\/wp-json\/wp\/v2\/posts\/901\/revisions"}],"predecessor-version":[{"id":910,"href":"https:\/\/www.fourpeaksmarketing.com\/pages\/wp-json\/wp\/v2\/posts\/901\/revisions\/910"}],"wp:attachment":[{"href":"https:\/\/www.fourpeaksmarketing.com\/pages\/wp-json\/wp\/v2\/media?parent=901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fourpeaksmarketing.com\/pages\/wp-json\/wp\/v2\/categories?post=901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fourpeaksmarketing.com\/pages\/wp-json\/wp\/v2\/tags?post=901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}