Three tips for lowering your insurance premium

Our insurance premium system rewards employers who:

• maintain good safety practices to prevent injuries, and
• assist their workers to stay at or return to work following a work injury.

If you have good work injury claims performance, you can preserve your premium discounts and pay less when compared to other employers who have a poor claims history.

The top three things you can do to positively influence your insurance premium are:

• Manage your risks. Look at your risk management systems and procedures and make sure they focus on preventing work injuries or re-occurrence of injuries.
• Actively support workers who have been injured to return to work as soon as it is safe to do so. This doesn’t need to be in their pre-injury role. Look for other safe suitable duties they can perform while they are recovering. Supporting a worker back to work not only helps to reduce the cost of a work injury claim, but is also proven to provide greater health benefits for the injured worker.
• Work with your mobile claims manager. They can help you to manage the work injury claim, assist you to identify other injury risks in your workplace and suggest possible solutions.

By focusing on these three key areas, you should see fewer injuries, and better recovery and return to work outcomes when someone is injured, which will result in even lower premiums next year.

If you would like some tailored advice to help you improve your recovery and return to work practices,
please contact our Employer Education and Support team - (08) 8238 5958 or email coordinators@rtwsa.com