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Continuing Care Community
Challenge
A multi-location continuing care community was struggling to reduce their claim and insurance costs despite numerous advisors and initiatives.
Action
The Alper team conducted a complete
analysis of their exposures, operations,
risk
management practices and insurance coverage terms. Our unique team in partnership with
our Client delivered:
- Workers’ Comp Audit returned over
6 figures
in premium overcharges
- Dramatic reserve reductions lowering both
the experience modification and insurance
premiums at renewal
- Reduced employee time away from work
after a claim with the help of the Alper
Occupational Nurse
- Utilized telephonic case management using Early Intervention process for previously
underperforming facility
Results
Alper reduced claim costs by 50%, increased workforce productivity and reduced insurance costs by 40%. The community is now considered
a top performing facility and now uses an
alternative method of financing their risk and
removing them from the traditional and often
unpredictable insurance market. |
