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Workers’ Comp Auditing Service
We have a common goal: make your Experience Modifier as low as possible and reduce your premium expense.
Tools to help you reduce Workers’ Compensation premiums
Actual Liability Avoided Report
Shows the dollar value and liability avoided due to the system’s effectiveness
Claim Status Report
Presents all claim file documentation and the corresponding dollar value of reserve reduction
Claims Under Audit Report
Provides a complete list of claims under audit
Cumulative Activity Report
Shows the overall dollar reduction in reserves and corresponding experience modification points
Experience Modifier Report
Includes errors in data, missing information, impact of claim frequency and severity, ownership issues intrastate, interstate combinations, weighting, ballast, discount and expected loss rates, evaluated deductible plans, projection of future modifiers, verification of accuracy, filings for revision and claim state maximums
No Cost Analysis
Reformat of loss runs showing all open claims impacting your modifier
Since 2000, our audits have resulted in:
- 88% of claims closed
- Over $37 million in reserve reductions on more than 1,000 claims
- 33% reduction in total losses
- Experience Modifiers lowered 33 points
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