Workers Comp Term Of The Day - Experience Period

The experience period is the time frame from which the Experience Modification Factor (Ex-Mod, or X-Mod, or E-Mod) is calculated. The usual experience period is from the policies four years ago to two years ago. For instance if you have a policy that starts on 1/1/2010, your experience period would likely be 2006, 2007, and 2008. 2009 would not be included. The 2009 claims have not had enough development to use an an accurate basis.