With an average of five semesters needed to complete a two-year occupational therapy program, thatâs a cost of just $15,000 for in-state residents attending UNM, and $47,500 for out of state residents. Of course, keep in mind that there are many financial aid options at your disposal.
Experience period is a time period used to calculate the premium for an insurance policy. When an insurance adjuster is preparing a premium rate for a customer, he refers to the customer's history during his unique experience period in order to evaluate risk and return.
Given two businesses within the same industry, the larger the business, in terms of payroll, the more losses that business is expected to incur. Experience Modification = Actual Losses / Expected Losses. In simplest of terms, an experience modification compares actual losses to expected losses.