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District workers' compensation 'mod rate' rises to 1.3; officials plan insurer and broker review
Summary
The Oshkosh Area School District reported an increase in its workers' compensation modification rate to 1.3 at the April 23 board meeting and announced plans to change insurance brokers and carriers and to pursue a 90-day and one-year plan to reduce the rate.
District officials told the board April 23 that the district’s workers’ compensation mod rate had risen to 1.3, driven largely by a small number of high-cost claims tied to slips, falls and physical-activity injuries.
Conrad Peters, who presented the quarterly workers' compensation update, said the rate increase reflects a three-year rolling calculation that includes high-cost claims from 2022–24. He said the district will review its…
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