Experience Mod Calculator
Experience Mod Calculator
Experience Mod Calculator
Our ERM calculator improves budgeting for next year's workers compensation premium. Your next ERM is based on the payroll and loss data your insurance carrier files with NJCRIB. Insurance adjusters establish and report loss values (paid + reserves) at six months before the next ERM effective date. Next steps: Gather & email your three prior policy year data to Hsharkey@wc-consultants.com.
All information is treated as confidential.
Cost: $100
Premium Recovery Audit
Experience Mod Calculator
Experience Mod Calculator
This independent audit uses audit software to quickly identify mistakes that result in refunds for our clients. We analyze seven years' worth of medical bill and claim payment details and documents. [Ie. medical bills paid over UCR on out-of-network providers, dup payments, TTD & PPD over-payments; errors on reports filed with NJCRIB, etc.]
All information is treated as confidential.
Performance Based Fee:
35% of any refunds or credits received.
No fee on future savings.
Hugh Sharkey, CPA
Thirty years of audit and insurance industry experience. Our clients have included CPA firms, Law firms, Insurance Carriers, Brokers, Managed Care Organizations and self-insured employers in both the private and public sectors in all industries.