ANNUAL POLICY, PREMIUM AND CLAIMS MANAGEMENT

PERIOD:
  • 2001-2005
CHALLENGE:
  • The business recognised that workers compensation was a large variable
    expense that it did not understand or control.
  • Annual premium was $2M in 2000-01 and rising annually
ACTION:
  • Provided an initial 12 month plan to deliver systems, service and
    monetary savings
  • Created a central file system
  • Introduced software system for recording and reporting
  • Established case management action plans for active claims
  • Set out  service standard expectations for the claims agent
  • Changed agent to one that agreed to the new standards
  • Set internal standards, procedures, accountabilities and KPI’s
  • Facilitated selection of return to work co-ordinators
  • Trained and coached return to work co-ordinators
  • Provided monthly management reports and facilitated monthly management
    meetings
  • Revised workplace registrations and classifications
  • Ensured employer claims management function properly resourced
RESULTS:
  • Client renewed annual service contract year on year
  • Premium rate was reduced by 45%, saving them  approximately
    triple the service fee annually
  • Client advises that this is their most accountable and effective
    area of non-operational management