You can request an XMod Review through your member portal or by contacting us directly. We’ll ask for some standard documentation regarding your XMod, then after careful evaluation, you’ll receive a proposal which details the savings that we can offer you with XMod Review.
​What is the process?
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​• 30% Reduction in Loss Ratio
​• Decrease in Cost Per Claim of 51%
​• Decrease in Claim Frequency Rate of 21%
​Some Typical Results:
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​If you choose to use this service, the cost is 3-6% of the premium. This is a small charge when you consider an average ROI of 600%!
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​The assessment is completely free to members.
​What does it cost?
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​The XMod Review is an assessment that helps you optimize your experience modification rate on your workers’ compensation policy.
​What is it?
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​If you can improve your XMod, you can reduce your workers comp costs. That’s where XMod Review comes in.
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​However, as much as 60% of the data used in the XMod calculations that determine an employer’s premium is incorrect. This means you may be paying a higher rate than you should be.
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​The experience modification rate (called the XMod) rewards companies who handle their claims well by lowering their premium, and it has the reverse effect when claims are poorly managed.