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Mega Steel Inc. is looking to purchase workers compensation coverage for its 10,000 employees. Despite having an inconsistent loss history, Mega Steel has recently implemented
Mega Steel Inc. is looking to purchase workers compensation coverage for its 10,000 employees. Despite having an inconsistent loss history, Mega Steel has recently implemented some risk control measures that it believes will lead to fewer losses in the upcoming policy period. Which one of the following individual rating plans would be best for Mega Steel? Select one: A. Expense modification plan B. Individual risk premium modification plan C. Retrospective rating plan D. Experience rating plan
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