Lowering Workers’ Compensation Costs: Understanding Your Experience Mod

Workers' Compensation insurance is a critical component for any business, especially in Mississippi where costs can significantly affect a company's bottom line. Understanding your Experience Modification Factor, or "experience mod," is key to managing these costs effectively. An experience mod is a numerical representation of your company's safety record compared to others in your industry, determined by the National Council on Compensation Insurance (NCCI).

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