Sustained outcomes are an excellent
measure of performance

OccCorp's results within the Construction Industry
INDUSTRY: Construction
STATE: Victoria
PREMIUM RENEWAL: 30 June
THE PROBLEM: Unsustainable Premium Rate.

OccCorp undertook an initial assessment of their Workcover situation and provide an outcome based solution with projected premium reductions based on implementation of the Project.

As a result OccCorp were engaged in May 2002.

  • Implemented 24/7 Injury Reporting line.
  • Implemented OccCorp Injury Management methodology.
  • Set strategies on pre-existing claims.
  • Aggressively managed estimates on pre-existing claims.
  • Focussed Return to Work energy on new claims.
  • Focussed claims energy on pre-existing claims.
  • Implemented long term educational strategies
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Results:
Reversal of the upward
premium trend.

Long term reduction from 2.5 times industry rate to less than half industry rate.

Reduction in Premium as a percentage of payroll of almost 1.9%.

Reduction in potential premium of many millions of dollars.