BEST IN TOW PROGRAM GUIDELINES
4. WORKERS’ COMPENSATION CLAIMS FREQUENCY Workers’ Compensation claims frequency will be measured as a percentage of claims occurring to $1M payroll during the loss evaluation period from 6/30/23-6/30/24. For example, if you have $2M payroll with 6 workers’ compensation claims, your claims frequency will be: 6 occurrences divided by $2M = 3% Please note that claims valued under $100 will not be included in this calculation. Points are earned as follows: Frequency Points Earned 0.0% - 0.5% 1,000 0.6% - 1.0% 750 1.1% - 1.5% 500 1.6% - 2.0% 250 >2.1% 0 5. WORKERS’ COMPENSATION CLAIMS REPORTING TIME Workers’ Compensation claims reporting time will be measured by comparing the claims reporting date to the occurrence date for claims occurring during the loss evaluation period from 6/30/23 - 6/30/24. The best practice is to report claims directly to your carrier no later than 24 hours after the occurrence. Please note that claims valued under $100 will not be included in this calculation. In addition, if there is no workers’ compensation claim activity, you will automatically be awarded 1,000 points. Points are earned as follows:
Claims Reported Within 24 hours of Occurrence
Points Earned
75.0%+
1,000
70.0% - 74.9% 65.0% - 69.9% 60.0% - 64.9%
750 500 250
> $1M
Disqualified
6. WORKERS’ COMPENSATION EXPERIENCE MODIFICATION (E-MOD) FACTOR One of the most important pieces of your workers’ compensation program is your company’s Experience Modification (e-Mod) factor. Submit a copy of your current e-Mod worksheet as of 6/30/2024 and earn points. e-Mod Factor Points Earned < 0.75 1,000 0.76 - 1.00 750 1.01 - 1.25 500 1.26 - 1.5 250 > 1.51 0
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