| INDUSTRY: | Health and Community Care | STATE: | Victoria |
| PREMIUM RENEWAL: | 30 June |
| THE PROBLEM: | Company had long term high premium levels over a long period of years. |
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.
Results:
Reversal of the upward
premium trend.
$161,000 reduction in the first year.
Reduction in Premium as a percentage of payroll of over 1.9% in less than 2 years.
Reduction in initial premium of almost $370,000 in real dollars over 2 years.