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Dexter can help companies dramatically lower their total cost of workers compensation insurance.
Dexter's CompMaster Program
LOWERING THE EXPERIENCE MODIFICATION FACTOR
Most companies don’t even know what an Experience Modification factor is, must less that if it’s wrong, it can cost you dearly. And that it’s often wrong a lot.
Simply put the Experience Modification Factor is an adjustment factor to a company’s premium based on prior years' payroll and loss data, essentially comparing the loss data of that particular company to average loss data for all other employers in that state who share the same classification codes. Incorrect or incomplete mods can negatively impact your rates. So can things like opens claims and injury reports. And the wrong codes can throw everything off. Dexter CompMaster specialists work with you to manage and drive down your experience modification factor as well as verifying the most complete data is used. And the lower your experience modification factor, the lower your premiums. It’s that simple.
Does Your Company Need CompMaster?
Surviving The Premium Audit
> Lowering The Experience Modification Factor
Getting Injured Employees Back To Work
Hiring The Right Person In The First Place
Compliance With All The Rules
Rating Plans
Case Study
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