Sustained outcomes are an excellent
measure of performance

Meat Processing - Forcast versus Hindsight Meat Processing - Premium Reduction Meat Processing - Year by Year
INDUSTRY: FOOD PROCESSING
STATE: New South Wales
PREMIUM RENEWAL: 30 June
THE PROBLEM: Company unable to fully understand why their premium was rising and what to do about it.

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 March 2008.

  • 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.
>

Results:
Reversal of the upward
premium trend.

$166,000 reduction between initial premium and hindsight premium.

Reduction in Premium as a percentage of payroll of over 10% in less than 2 years.

Reduction in claim costs of almost $500,000.

Reduction in initial premium of almost $800,000 in real dollars over 2 years.