Two Questions on EMR From One Of Our Readers

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Two Questions on EMR

One of our readers had  two good questions on EMR.

I often see you write about the E-Mods or X-Mods in your blog. Is an EMR the same thing as the E-Mod? This was a good question from one of our newsletter readers.

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The Workers Compensation Experience Modification Factor has many acronyms such as:

  • E-Mod
  • Ex-Mod
  • X-Mod
  • EMR

The EMR or Experience Modification Rating is the same as an E-Mod. It is just a different and slightly archaic acronym. The X-Mod usually refers to a California Experience Modification Factor.

The second question was – Can I calculate my own E-Mod anytime during the year without having to wait for NCCI or The Rating Bureau to publish our E-Mod. Yes, you can calculate your E-Mod anytime during a policy year. There are a few great software packages that will allow you to calculate your E-Mod.

The one dangerous thing is that when you calculate your E-Mod right after policy renewal or any other time during the year, the E-Mod may not be that accurate. The Workers Comp rating systems by NCCI and the Rating Bureaus are a delayed system. Your Workers Compensation reserves do not really begin to affect your E-Mod until the policy period after the claim occurred.

A good question to ask your agent and carrier concerns when your Workers Comp E-Mod is calculated and from what data. This will give you a check figure to go against so that you are comparing apples to apples. Do not be surprised if quite a few insurance personnel do not understand the exact data that is used to calculate your E-Mod.

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Table of Contents

James Moore

Raleigh, NC, United States

About The Author...

James founded a Workers’ Compensation consulting firm, J&L Risk Mgmt 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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