Med Plus Staffing LLC

4117 Old William Penn Hwy
Murrysville, PA 15668

Talking Points

Experience Mod Rating

Mod is an indication of how risky a company is to insure. It is based on a company's claim history.

  • Experience Mod is very good. It is in the 1st percentile compared to peers.
  • Mod decreased by more than 75% of peers.
Good

LCM Rate

LCMs have the largest effect on your WC costs. Carriers file LCM's which are multiplied with the state approved Loss Costs for your employment classifications to create your policy rates. Carrier Groups have several Carrier Tier's each with their own filing, allowing their underwriters to price aggressively to overly prudent depending on the risk.

  • The LCM of the Current Carrier is Higher than 59% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
Needs Attention

Market Competitiveness

We measure relative change (when a business chooses a different WC provider), and market share distribution over a rolling 24 months as compared to it's industry and state level activity to determine how competitive carriers are for your class of business.

  • 18% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 9.5% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

2.200
2021

2.200
2020

1.950
2019
12-28-2019

2.534
2018
12-28-2018

3.187

Contacts

0
(594) 122-4968
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Industry Classification