Private School Learns a Lesson by Seeing Mod Drop 95
Points
Insured
The insured is a large non-profit school for physically and
mentally-challenged students operated by Catholic Charities.
It has 96 students and 400 employees.
Situation
The school was being cancelled by its existing carrier of 45
years because of a poor history resulting in a 300% loss ratio
and a Mod tipping 1.88.
Assessment
It was determined that the situation was predicated on a lack
of injury management. It would often take up to 37 days to report
an injury, and once an injury was reported, there were no procedures
in place as to the next steps. Both the Human Resources and
Finance managers were new and had inherited an existing problem.
Solution
Meetings were held with both the HR and Finance Managers with
the first order of business to secure a carrier. The first quote
was $500,000 (the school had previously been paying $133,000.)
Finally, a carrier was secured at $300,000 with a small deductible.
A five-step plan was then put into place for the school:
• 1. Create a Safety Committee to establish
a list of light-duty jobs to help an injured worker return
to work sooner.
• 2. Utilize the services of a Registered Nurse who
was on duty at the school instead of automatically calling
an ambulance for every injury (it was determined the injured
worker could often receive a higher level of care from a RN
than the EMT).
• 3. Conduct employee-training sessions about what Workers’
Comp insurance does and does not do. By doing this, loss time
was reduced, as both managers and injured parties learned
the benefits of the return to work program.
• 4. Make sure a Patient Visitation form went with every
injured worker to the clinic, so that the status was constantly
updated and the injured worker could be matched to a light
duty job.
• 5. Finally, establish a three-ring binder of 30-50
available jobs to help the return-to-work effort.
Result
With everything in place, the number of loss-time injuries was
significantly reduced, bringing about a six-figure decrease
in premiums every year and an overall savings of $500,000 in
premiums over the last four years. The Experience Mod also dropped
from 1.88 to .93.
