Items Tagged ‘WorkCover premiums’

Early Intervention – The Key To Managing WorkCover Claims

Wednesday, October 27th, 2010

Are you moving fast enough in the early stages of a potential WorkCover claim? Both the Occupational Health and Safety Act and Accident Compensation Act support employers to move fast, support early signs of physical and mental conditions and by doing so achieve significant savings in reduced WorkCover premium. How do we know this? Our customers have been doing exactly this and saving millions off their WorkCover premiums for almost a decade.

Workplace stigma and traditional beliefs in regards to the WorkCover system have previously rendered employers feeling powerless and confused. Yet leaving incidences and claims lying dormant would further put them at immense risks of financial cost due to increased premiums and productivity loss, causing adverse impacts for employers and their workplace.

It is important that when becoming aware of a workplace incident or early signs of a health condition that employer needs to move fast and effectively to stay in control of the return to work process, enabling a quick return to work for the worker.

For this to happen, it is crucial that the worker be assessed promptly so the Return to Work process can commence early rather than waiting for approval from WorkCover insurance agents. Employers are encouraged to arrange an assessment of the worker’s functional capacity and marry this to the demands of their duties. A P2 Group Occupational Therapist can assist with these assessments. Acting promptly would improve the chances of a claim being lodged as a minor claim, which will not increase your WorkCover premiums. Employers are also able to avoid further service costs such as rehabilitation providers, unnecessary independent medical examinations and time off work that impacts WorkCover premiums.

With employers proactively demonstrating interest in their workers’ health and providing support through line managers and P2 Group Occupational Therapists, a positive workplace culture and attitude will be created. Workers will appreciate the constructive support, opening lines of two-way communication, creating a positive work place environment. Within such encouraging settings, workers become more confident in expressing their issues of concerns to their supervisors/managers, without the need to lodge a WorkCover claim. This promotes workers to take proactive roles in the workplace, suggesting ways in which to improve workplace procedures and settings. Evidence indicates that a positive and supportive work environment not only leads to a reduction of the amount of claims and incidences but also increases worker productivity considerably.

Through implementing an early return to work program, managing incidences early and effectively, and taking control of the process, employers will be able to assist treating practitioners and WorkCover insurance agents in their facilitation of the return to work process in a timely manner. The positive effects on productivity and savings from reduced WorkCover premiums could be used to fund OHS initiatives and training and support for managers to aid staff welfare through proven early intervention processes.

Congratulations to Continental, who have been awarded P2 Group’s People Performance Award 2010.

Sunday, June 27th, 2010

Congratulations to Continental, who have recently been awarded P2 Group’s ‘People Performance Award’, 2010.   P2 Group have worked side by side with Continental since March 2009, implementing the P2 Group Injury Management process to take control and address the rise in WorkCover premium. This partnership has seen Continental’s WorkCover premiums decrease significantly and the implementation of a uniformed injury management process. Continental have gained control of their worker’s compensation claims, achieved significant savings and is on target for further savings.  Continental have successfully made the transition from Injury Management to Injury Prevention.

Continental Photo Paul Marsh presenting the P2 Group ‘People Performance Award’, 2010, to Robert Gobaira, Senior Manager Production, Joy Adcock, Management Systems Manager and Danielle Pasa, Human Resources Adviser from Continental.

The Importance Of Employers Arranging Their Own Assessments Of Their Workers’ Capacity.

Thursday, June 3rd, 2010

A common question from employers is “Can I ask a worker to participate in an assessment of their capacity?” The answer is yes. This is a key component to the return to work process. Employers can arrange for workers with current injuries or early signs of physical and / or mental conditions to participate in assessments of their capacity, which when implemented with the P2 Group injury management process can have many benefits for employers, the workers and workforce management. On average our clients achieve a 50% reduction in their WorkCover premiums in the first 1 – 2 years.

Employers should be aware they can request their workers to participate in assessments of their capacity and the workers are legally obligated to participate as part of their return to work plans.

All P2 Group clients arrange assessments of capacity as the first step in assisting their workers to return to work. This is critical to employers controlling the return to work process, the results of which feed into P2 Group’s unique strategic case management process and assist our clients to achieve the following results:

•    Gaining control of all WorkCover cases.
How? The employers request the services of P2 Group Occupational Therapists to meet with their workers and conduct functional capacity evaluations. The P2 Group Occupational Therapists will have prior knowledge of the employers’ worksites and their operational requirements, which are incorporated with the workers’ needs to reach positive outcomes that are good for the employers and the workers.

•    Reducing claims costs and achieving significant savings in WorkCover premiums.
How? The employers engage P2 Group directly and pay for P2 Group Occupational Therapists services. These costs do not increase WorkCover claims costs.

•    Moving fast.
How? The employers and the workers do not lose time waiting for approvals from their WorkCover insurance agents. The employers move fast and stay in control from the start. Most WorkCover claims can be lodged as minor claims which do not impact WorkCover premiums.

•    Reducing WorkCover claims and improving workplace culture.
How? Over time as employers continue to assess workers with injuries and early signs of conditions, the line of communication opens between managers and workers and generates a positive workforce culture. As workers learn that they will be looked after, they inform their managers of aches and pains instead of automatically lodging WorkCover claims.

In addition, as of 1 July 2010 employers will have increased return to work obligations. Peter Hanks QC who recently undertook a review of the Victorian Accident Compensation Act has stipulated that employers need to plan workers’ return to work from when they first become aware of their injuries, irrespective of whether a WorkCover claim has been lodged. Employers are able to fulfil their obligations by using P2 Group Occupational Therapists to assess their workers, which will enable employers to plan their workers’ return to work.

To achieve the benefits listed above, employers need to be able to interpret the assessment findings and incorporate them into Return to Work Plans. This provides a clear path forward for the workers and the Treating Practitioners and facilities a positive outcome. Employers remain in control and savings from reduced WorkCover premiums can be used to meet operational requirements and OH&S initiatives to improve staff welfare.

Click here to contact a P2 Group consultant to discuss employers arranging their own assessments of capacity and experience the difference.

Carla Dellwo
P2 Group Occupational Therapist

2010 WorkCover Premium Illustration

Thursday, June 3rd, 2010

You would have recently received your 2010/11 WorkCover Premium Illustration from your WorkCover Insurance Agent.  WorkCover is typically the second largest labour cost for organisations and needs strategic management at the Executive level. Many organisations fail to realise that their WorkCover Premium is a variable insurance cost that can be reduced below their industry rate.

How? By reducing the most important factor driving your WorkCover premium – claims costs, more specifically the Statistical Case Estimate (SCE) attributed to each WorkCover claim. Claims costs consist of the actual amount spent on a claim + the SCE associated to each claim. The SCE can be reduced through strategic claims management provided by industry experts at P2 Group.

WorkSafe Victoria introduced the SCE model in 2004 to level out the playing field across all WorkCover Agents. Instead of a human case manager setting the estimate costs on individual claims, WorkSafe Victoria introduced a computer algorithm to recalculate all estimate costs on the fifth day of every month. During July a final calculation will be performed and a snapshot of the actual costs + estimate costs is entered into the premium renewal calculation with a final bill issued at the end of August.

Claims costs consist of a number of different attributes such as medical and like expenses, legal expenses, occupational rehabilitation expenses etc. but the attribute which has the most profound affect on claims costs is weekly compensation. By taking control internally of your injury management procedures and having your managers implement sustainable return to work plans for their injured workers, your claims costs will reduce.

P2 Group works with an organisation’s executive team to implement a self insurance approach to tackling their injury management and the associated claims costs.

Our clients save an average 50% on their WorkCover premiums in the first 1-2 years working with P2 Group adding directly to their bottom line. We put you in control of your WorkCover, to save you money and time. Click here to contact a P2 Group consultant to arrange an independent evaluation of your WorkCover premium.

Request a Brochure

Thursday, November 5th, 2009

Download our P2 Group Brochure

P2 Group have released their latest brochure, offering a full range of services to assist you in preventing and managing WorkCover claims.

By implementing P2 Group’s Prevention Management and Injury Management, our services are proven to reduce WorkCover premiums by 50% in the first 1-2 years.

Can your organisation afford to wait? It’s time to take internal control.

To request a brochure, please click here or alternatively contact P2 Group today.

P2 Group … Solving Today’s Problems with Tomorrow’s Thinking.

Businesses continue to achieve outstanding results.

Thursday, July 30th, 2009

P2 Group reward Businesses with ’People Performance Awards’. These rewards recognise businesses who achieve and maintain outstanding results in their WorkCover Injury Management and Injury Prevention.

Congratulations to 2009 winner’s Select-O-Pedic Bedding. Select-O-Pedic

Liberty Financial received P2 Group’s ‘People Performance Award’ in 2008.   P2 Group have continued to work closely with Liberty Financial, implementing the P2 Group Injury Management process to take control and address the rise in WorkCover premium. Liberty Financial have continued to achieve significant savings and have gained control of their workers’ compensation claims. Liberty Financial have successfully made the transition from Injury Management to Injury Prevention.

CMG Group received P2 Group’s ‘People Performance Award’ in 2007.   P2 Group have worked side by side with CMG since 2003, implementing the P2 Group Injury Management process to take control and address the rise in WorkCover premium. This partnership has seen CMG’s WorkCover premiums decrease significantly, with 2006/07 resulting in Zero standard claims across 4 worksites. CMG have gained control of their worker’s compensation claims, achieved significant savings and is on target for further savings. CMG have successfully made the transition from Injury Management to Injury Prevention.