How Can You Impact Your Modifier?


The good news is that you have some control over your experience modifier. Here are a few helpful steps you can take to improve it:
 

Focus on Safety:
 

  • Implement robust safety programs tailored to your industry.
  • Conduct regular safety training for employees and management.
  • Ensure compliance with OSHA regulations and other safety standards.
     

Investigate and Prevent Claims:
 

  • Promptly investigate workplace accidents to identify root causes.
  • Address hazards immediately to help prevent future incidents.
  • Develop a culture of safety where employees feel encouraged to report risks or near misses.
     

Return-to-Work Programs:
 

  • Establish a return-to-work program to help injured employees transition back into the workplace.
  • Light-duty roles or modified responsibilities can help reduce the length and cost of claims.
     

Monitor Claims Closely:
 

  • Work closely with your insurance provider to manage open claims efficiently.
  • Verify claims are accurate and legitimate to help avoid unnecessary costs.
     

Hire Strategically:
 

  • Screen new hires for safety awareness and physical capabilities for their roles.
  • Provide thorough onboarding and training for all employees.
     

Review Payroll Classifications:
 

  • Ensure employees are classified correctly for workers’ compensation purposes, as errors can inflate your costs.
     

Note: the above represents strategies a company might consider to help lower its experience modifier.  This list is not exhaustive and should not be considered a comprehensive guide; companies should consult a qualified insurance or risk management professional for advice tailored to their specific situation. 
 

Lowering your experience modifier doesn’t just help you save money on insurance—it can position your business as a safer, more reliable partner. A strong safety record reflected in a low modifier not only helps reduce costs but also enhances your credibility in the eyes of customers, employees, and stakeholders.