How We Reduce Costs

Reducing the cost of claims, your premium renewal, and positively adjusted premium levels

The graph highlights the cost of claims both before and after the intervention of Rehab Options Injury Management. Prior to employing Rehab Options Injury Management, company X cost of claim was $310,142.00. As a direct result of our intervention the cost of claims was significantly lowered to $93,714.00.

The result of implementing an injury management program meant the renewal premium calculated prior to involvement could, after Rehab Options Injury Management attended and made submissions at the final claim review, be recalculated. Hence the premium was reduced from $377,258.00 to $190,248.00.

The adjustment premium for company X showed that due to a small reduction in gross wage they would have received a rebate of $61,927.00. However after Rehab Options intervened (due to the reduction in cost of claims) they received a rebate from their adjustment premium of $174,446.00.

In summary their renewal premium was reduced by $187,010.00. Their adjustment rebate increased by $112,519.00. Total saving $299,529.00.

*Rehab Options Injury Management services cost company X $30,000.

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