Employers can see the effect participation in an alternative rating program
or discount program may have on their premiums with personalized policy
scenarios. First, employers can view a list of rating and discount programs.
Then, they will have the option to provide policy specific information to
learn their savings potential. The savings forecasted are based on rating
information for the most recently completed policy year payroll and the
programs chosen.
Employers can run what-if scenarios using experience period information to
explore the financial impacts to their rates and premiums. They can remove
claims by applying settlements, simulate the impact of a handicap award and
implement a rehabilitation plan to determine the impact of each of these
actions on their rates and premiums.
