powerpoint presentation · title: powerpoint presentation author: miranda mitchell created date:...
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![Page 1: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/1.jpg)
• Tie Reserves To Claim File Documents at unit statistical
plan filing time.
• Correct and Verify Experience Modifiers
• Result: Modifiers are Reduced 20% to 30% over time
![Page 2: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/2.jpg)
Broken WristClaim File
50K
40K
30K
20K
10K
02011 2012 2013
Reserves
Payments
TOTAL INCURRED LOSSES
![Page 3: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/3.jpg)
Broken WristClaim File
50K
40K
30K
20K
10K
02011 2012 2013
Reserves Reserves
Payments Payments
TOTAL INCURRED LOSSES
![Page 4: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/4.jpg)
Broken WristClaim File
50K
40K
30K
20K
10K
02011 2012 2013
Reserves Reserves Reserves
Payments Payments Payments
TOTAL INCURRED LOSSES
![Page 5: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/5.jpg)
Broken WristClaim File
50K
40K
30K
20K
10K
02011 2012 2013
Payments Payments Payments
![Page 6: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/6.jpg)
Broken WristClaim File
50K
40K
30K
20K
10K
02011 2012 2013
Reserves Reserves Reserves
Payments Payments Payments
TOTAL INCURRED LOSSES
Expected LossesExperienceModifiers =
Total incurred losses are $150,000 for experience modification purposes.
![Page 7: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/7.jpg)
Broken WristClaim File
50K
40K
30K
20K
10K
02011 2012 2013
Reserves
Reserves
Reserves
Payments Payments Payments
AUDITED CLAIM FILE
![Page 8: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/8.jpg)
Broken WristClaim File
50K
40K
30K
20K
10K
02011 2012 2013
Reserves
Reserves
Reserves
Payments Payments Payments
AUDITED CLAIM FILE
![Page 9: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/9.jpg)
Broken WristClaim File
50K
40K
30K
20K
10K
02011 2012 2013
Reserves
Reserves
Reserves
Payments Payments Payments
AUDITED CLAIM FILE
![Page 10: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/10.jpg)
Broken WristClaim File
50K
40K
30K
20K
10K
02011 2012 2013
Reserves
Reserves
Reserves
Payments Payments Payments
AUDITED CLAIM FILE
Unit Statistical
Plan Filings
Total incurred losses are $90,000 instead of $150,000
![Page 11: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/11.jpg)
Broken WristClaim File
50K
40K
30K
20K
10K
02011 2012 2013
Reserves
Reserves
Reserves
Payments Payments Payments
AUDITED CLAIM FILE
LowerExperienceModifiers
![Page 12: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/12.jpg)
Broken WristClaim File
50K
40K
30K
20K
10K
02011 2012 2013
Reserves
Reserves
Reserves
Payments Payments Payments
AUDITED CLAIM FILE
LowerPremiums!
![Page 13: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/13.jpg)
![Page 14: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/14.jpg)
Unit Statistical Plan Filing
![Page 15: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/15.jpg)
Unit Statistical Plan Filing
![Page 16: PowerPoint Presentation · Title: PowerPoint Presentation Author: Miranda Mitchell Created Date: 6/4/2013 8:38:31 PM](https://reader034.vdocuments.us/reader034/viewer/2022052104/603ed79d29af0d4b31608647/html5/thumbnails/16.jpg)
Open Worker’s Compensation Files
Unit Statistical Plan Filing