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Unit Stat Date Article Caused Confusion – Better Explanation


Prior Unit Stat Date Article Caused Confusion

Increasing Graph on Caused Confusion with people on Unit State Date Article

I may have some caused confusion on my last Unit Stat date article on the most important day in Workers Comp. From the emails that I received, I may not have been as clear as I should have been on the Unit Stat date.

The Unit Stat date is six months later than the last date of your previous Workers Comp policy. I had used January 1 in the examples to fit the description of the most important day in Workers Comp – June 30th.

The easiest way to find your company’s Unit Stat date is by adding six months to your policy renewal date. If your policy’s renewal date is in the middle of the month ( Example – March 14th) then your Unit Stat Date would be September 13th. Your Unit Stat date does not have to be at the beginning or the ending of the month.

As I mentioned in a previous post, you need to have a plan on how to monitor and negotiate your company’s reserves before the Unit Stat date. The initial process must start right after your policy renewal to affect your NEXT YEARS’ E-Mod.

Businesswoman Caused Confusion Working With Colleagues

If you start to monitor and negotiate your company’s reserves within three months of your Unit Stat date you are not going to have much success as the process will take at least 6 – 9 months. It is not that easy to accomplish as most Workers Comp insurance adjusters are not used to having their reserves questioned.

At no time was I referring to a claim performance audit. This is a totally different audit that scores the adjuster’s effectiveness on a random sampling of the files. I hope that this clears up some of the confusion concerning my last few posts on the Workers Compensation insurance cycle.

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James J Moore - Workers Comp Expert

Raleigh, NC, United States

About The Author...

James founded a Workers’ Compensation consulting firm, J&L Risk Management Consultants, Inc. in 1996. J&L’s mission is to reduce our clients’ Workers Compensation premiums by using time-tested techniques. J&L’s claims, premium, reserve and Experience Mod reviews have saved employers over $9.8 million in earned premiums over the last three years. J&L has saved numerous companies from bankruptcy proceedings as a result of insurance overpayments.

James has over 27 years of experience in insurance claims, audit, and underwriting, specializing in Workers’ Compensation. He has supervised, and managed the administration of Workers’ Compensation claims, and underwriting in over 45 states. His professional experience includes being the Director of Risk Management for the North Carolina School Boards Association. He created a very successful Workers’ Compensation Injury Rehabilitation Unit for school personnel.

James’s educational background, which centered on computer technology, culminated in earning a Masters of Business Administration (MBA); an Associate in Claims designation (AIC); and an Associate in Risk Management designation (ARM). He is a Chartered Financial Consultant (ChFC) and a licensed financial advisor. The NC Department of Insurance has certified him as an insurance instructor. He also possesses a Bachelors’ Degree in Actuarial Science.

LexisNexis has twice recognized his blog as one of the Top 25 Blogs on Workers’ Compensation. J&L has been listed in AM Best’s Preferred Providers Directory for Insurance Experts – Workers Compensation for over eight years. He recently won the prestigious Baucom Shine Lifetime Achievement Award for his volunteer contributions to the area of risk management and safety. James was recently named as an instructor for the prestigious Insurance Academy.

James is on the Board of Directors and Treasurer of the North Carolina Mid-State Safety Council. He has published two manuals on Workers’ Compensation and three different claims processing manuals. He has also written and has been quoted in numerous articles on reducing Workers’ Compensation costs for public and private employers. James publishes a weekly newsletter with 7,000 readers.

He currently possess press credentials and am invited to various national Workers Compensation conferences as a reporter.

James’s articles or interviews on Workers’ Compensation have appeared in the following publications or websites:

  • Risk and Insurance Management Society (RIMS)
  • Entrepreneur Magazine
  • Bloomberg Business News
  • WorkCompCentral.com
  • Claims Magazine
  • Risk & Insurance Magazine
  • Insurance Journal
  • Workers Compensation.com
  • LinkedIn, Twitter, Facebook and other social media sites
  • Various trade publications


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