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Experience Rating Production Service

Page Content

The Experience Rating Plan is a state-mandated program that uses an individual employer's actual incurred loss experience and compares it to average losses of similarly classified businesses. The resulting modification factor is used to adjust workers compensation manual rates to reflect the expected loss experience of an insured. NCCI identifies and collects the employer's payroll and loss information, develops the rating, and distributes it to the insurer.

NCCI's Experience Rating Production Service provides continuous monitoring of an individual employer's rating for possible revisions. Ratings are often revised for reasons beyond the control and knowledge of the current insurer due to subrogation, classification inspections, formula changes, or reporting error corrections. Whenever changes in ratings occur, NCCI monitors these events, makes the necessary adjustments, and forwards the revised ratings to you at no additional cost. This maintenance of an Experience Rating is performed by NCCI for the life of that rating.

 

NCCI Page Content Three
     Pricing
  Description Affiliate Price Non-Affiliate Price
  Intrastate electronic distribution $24 per rating $48 per rating
​ ​Interstate electronic distribution ​$24 per rating ​$48 per rating
​ ​Oregon Group Supplemental Experience Rating Verification(OGSERP) hard copy distribution ​$5 per application ​$5 per application
​ ​Oregon Group Supplemental Experience Rating Calculation(OGSERP) hard copy distribution ​$23 per rating ​$23 per rating
​ ​Maine Merit Rating hard copy distribution ​$25 per rating ​$25 per rating
​ ​Non-Affiliate (ERM-6) Rating ​$75 per rating ​$75 per rating
​ ​Taxes—Applicable state taxes will be added to each order ​ ​

Affiliate Pricing—A company that has signed an NCCI Affiliation Agreement for states in which NCCI is the licensed rating and/or statistical organization and where the Affiliate is writing or licensed to write workers compensation insurance.

Non-Affiliate Pricing—A customer of NCCI that is not licensed and/or writing workers compensation in a state where NCCI is the licensed rating and/or statistical organization.

Audience
  • Carriers
  • Data Reporters
  • Independent Bureaus
Media Available
  • Tab-delimited ASCII text file delivered electronically
Related Tools & Services
  • ERWD/Experience Rating Worksheet Distribution
  • Experience Rating Mods and Worksheets
  • Riskworkstation™ on Demand

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