NCCI Arizona State Advisory Forum Shows 27.9% Rate Disparity
The NCCI Arizona State Advisory Forum is worth the time to view or read. Get the Advisory Info here. Usually, when I mention a certain state in articles and presentations, someone will say – “we do not have interests in that state”. Your company may not have interests in Arizona. As a side note, Sedona/Flagstaff is one of the best vacations one can imagine including the vortexes in Sedona.
There are 36 chances that one of the Forums covers your state. The Forums are updated often. NCCI State Advisory Forums cover 36 states – see the national map here.
Concentrating on one state is missing the point. Follow my logic train. NCCI takes the time and trouble to publish national charts for comparison. The chart below covers 41 states.
Download the NCCI Arizona State Advisory Forum charts here. Page 16 contains the national comparison on rate increases and decreases nationally.
The largest rate decrease surprisingly comes from Virginia. I predicted that four years ago when the Dominion State established a workers comp medical fee schedule. Almost all states have a fee schedule.

I am not sure why Hawaii had an 11.5% increase in rates. Is one of the states that you operate included in this chart? If so, you may want to go to the Forum for that state and see how your state or states are doing in Workers Comp.
I will likely look at the Hawaii State Advisory Forum in the next few weeks to see why the Aloha State increased its rates so much more significantly than other states — possibly tourism boom due to COVID-19?
Your Experience Modification Factor (E-Mod) comes from the risk of companies that are similar to yours that operate in the same state(s). If you have a business in Montana, that is the state that you should focus on for your Workers Compensation comparisons.
One of the more positive slides from the NCCI Arizona State Advisory Forum is slide 15. The state’s economy is in a recovery mode- excellent.
©J&L Risk Management Inc Copyright Notice