The average experience mod factor (EMR) for each industry is 1.0. When you apply for State Worker Comp insurance (or non-state options in Texas) the company will assign a mod factor (EMR) based on the quality of your safety program and your last three years history of claims stemming from work-related injuries & illnesses. If the mod factor is above 1.0, your company injury claims are higher than average, so you will pay more for insurance than your competitors. If your mod factor is less than 1.0, your injury claims are more reasonable than most, so you will be charged less for insurance than your competitors are charged. Having a very expensive claim will cause your worker comp insurance premiums to be elevated for three years.

Is your safety program is good enough to bring the company a 10% discount in WC insurance premiums?

Impact Safety helps companies build and maintain OSHA-compliant safety programs that employees are proud to participate in.
www.safeimpact.com

Contact Info: Joe Eudy, President, joe@safeimpact.com, 469 688-3142