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City of Santa Monica: Invigorates its Workers' Compensation Program

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360º | Aon eSolutions 2 7 Today, the industry's average turnaround time to pay a medical bill is 30 days, while ours is five days. For more information, please contact Brian Mack at +1 925 242 4607 or brian_mack@aon.com the power of our data. We use information to identify risks, evaluate trends, perform loss control and develop safety initiatives." e ability to create and tailor reports is a powerful feature, allowing the City to arrange data in a variety of ways. As a result, City management leverages iVOS reports to identify problem areas as they emerge. "e reports help pinpoint areas where we can mitigate risks and lower our risk funding," said Phillips. "We continually re-evaluate our level of self-insured retention and excess insurance coverage. In the end, the objective is to reduce our total cost of risk." "In workers' compensation, we identified departments that were injury-prone, tracking the type of injury and jobs the employees held," said Fuleihan. "We also monitored medical and indemnity costs. With this type of root-cause analysis, we targeted key priorities for loss control, which included reducing accidents with safety initiatives, decreasing the frequency and severity of claims, and improving return-to-work results." Striving for success into the future e combination of new technology and bringing claims management in-house allowed the city to reduce costs, improve service and streamline workflow. By integrating medical bill review, the City benefited from additional workers' compensation savings. Finally, its comprehensive risk management and best practice approach ensures a continued commitment to excellence, process improvements and quality customer service. "In the end, our division strives to be as transparent as possible to all our departments," said Phillips. "is allows various City agencies to understand how the risk management division works and how we can better serve their needs." o n e s y s t e m p l at f o r m + + t o m p h i l l i p s a n d p a t r i c k f u l e i h a n Within three years, we saved $7.2 million in recommended amounts according to fee schedules

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