FREQUENTLY ASKED QUESTIONS

 HH Systems Consulting helps to manage this complicated and ever-changing factor for your clients to ensure their rating is as low as possible.  They'll know you have their best interest at heart by making sure you are offering a savvy management system for their experience modification ratings.

EMRs are developed by the rating bureaus, the largest one being NCCI.  However, some states like New York, Pennsylvania, or California use intra-state ratings.   We can help you locate and determine which EMRs apply to your firm

The key to achieving and maintaining a rating below 1.0 is to manage it each year knowing the goals for both Expected Losses and Actual Losses as well as minimizing the claims at the Critical Value Date before the data goes to the rating bureau.  

The Experience Modification Rating rewards you or penalizes you for having more claim losses than your industry average.  This can cause higher premiums or prevent you from bidding on projects if your rating is too high

The more states you operate in, the more critical the management of your experience modification rating will be.  Different states have different expected loss rates, weighting values, claim limits, and regulations.  Some states will even develop their own ratings internally.   We specialize in knowing these factors and helping you use them to your advantage.

Once we analyze your experience rating profile we will develop and share with you our initial report. This will highlight your company's opportunities and areas of concern. We will personally provide you with our recommendations and answer any questions you have. You can then make the decision that works best for you. 

HH Systems Consulting will work with you on the data that we need to begin the analysis. We will ask for the current experience modification worksheets and will walk you through this process step by step.  We tackle all of the complexities so you don't have to.