Test Mods Are Difficult Due To Correct Inputs Required
We often calculate Test Mods for employers of all types so that they can properly budget for their next few years Workers Comp expenditures. There are many software packages that will calculate them such as ModMaster.

There is an infinite number of combinations of variables in calculating Test Mods. You can change the year of the claim, amount of the claim, states in which you do business, payroll, etc.
The test mods are just that – an educated guess at what your E-Mod/X-mod/Ex-Mod will be for usually the next policy year. They are not usually calculated by the NCCI or your state’s rating bureau.
This area requires the correct inputs and forecasts to make sure your company budgets properly. I recommend using an expert to help you in this area. ModMaster costs less for multiple Test Mods than any other source. If any consultant or agent provides you with one, please remember to look at the numbers closely. Ask many questions. Make sure you understand the numbers and what they mean to your organization.
As with any Workers Comp statistic, check out the numbers behind the Test Mod.
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