Modified ex-mods penalize poor risk staffing companies
Starting in 2013, NCCI’s 38 member States will start to more severely penalize employers who have poor workers compensation loss histories. Conversely, employers who have good loss histories should receive some rate reductions through improved experience mods. This is the first change to this very important NCCI rate formula in 30 years!
The link / article below further explains this new change that will impact ALL staffing companies.
http://www.businessinsurance.com/article/20120715/NEWS08/307159978?tags=|329|304|92#4
Please feel free to contact me if you would like to discuss your current workers compensation program, or would like to have additional workers compensation solutions to review so you can be sure you are paying the lowest rates.
All the best
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member