Get Familiar With the ABCs of Experience Rating
View the
ABCs of Experience Rating (PDF)
Learn about the updated version of NCCI's
ABCs of Experience Rating brochure. This valuable resource 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 2015.
You'll discover essential information such as:
- Purpose and benefits of experience rating
- How the Experience Rating Plan operates
- Qualifications for experience rating
- Definitions of intrastate and interstate modifications
- Types of statuses—preliminary, final, and contingent
- How the experience modification affects premium
- Components and calculation of the worksheet
- Ownership changes that affect experience rating
