LAORM

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LAORM

• Loss Prevention
• Introduction

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Services FARA Provides

• Conduct Full Audits every 3 years
• Compliance Reviews conducted in between Full
  Audit years
• Facility Walkthroughs annually
• Building Appraisals 4 year cycle
• Assist in Inspections
• Accident/Incident Investigations
• Ongoing Consultations
• Offer LP Coordinator Training

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• Training

• Annual Training on LP Program
• New and Existing LP Coordinators
• Conducted on a quarterly basis across the state
  at the following
• predetermined regional sites
• February 2012 Baton
  Rouge
• April 2012 Monroe
• July 2012 Thibodaux
• October 2012
  Mandeville
• An email containing an Eventbrite web link will
  be sent to all
• Agencies to register for a specific training
  class.
• Also training can be offered within the
  quarterly intervals
• through live teleconference / webinar setting.
• Next Step Defensive Driver Training
• Forklift Training

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www.laorm.com
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Additional LP Information

• www.laorm.com
• Claims Reporting
• Loss Analysis Info
• LP Video Library
• LP Training Resources
• Contact Information

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LP Contact Information
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LAORM

• Loss Prevention
• Targeted Risk Improvement Program

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Program Overview

• Reduce claims cost through a consultative
  approach to Loss Prevention.
• Target/Benchmark agencies by use of Cost Per
  Man-hour (CPH) methodology.
• Refocus enhance the agencies current efforts
  from a LP standpoint.

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How is the CPH Calculated

• Total number of hours worked per year divided by
  the total claims cost for that year.
• Avg. cost per employees hourly wage that goes
  towards WC claims cost.

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The Targeted Process

• Calculate all agencies/locations CPH
• Set a targeted benchmark
• Formally invite agencies in writing that are
  above the benchmark to participate in the
  Program. (Not Mandatory)
• LP Consultant conducts detailed loss analysis by
  Line of Coverage (i.e., Workers Comp, General
  Liability, Commercial Auto, etc.), accident type,
  occupation, location, etc.

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Process, cont

• LP Consultant will meet with agency
  representative to review loss data, establish
  program goals to mitigate loss drivers, and
  review process protocol.
• Work alongside agencies LP Coordinators to find
  solutions that meet the agencies needs and
  budget constraints.
• Discuss recommend tools available to the
  agency.
• Monitor Results.

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Top Performing Agencies
Agency CPH
Department of Natural Resources 0.00
Department of Public Service 0.00
Department of Economic Development 0.02
Secretary of State 0.02
Department of Environmental Quality 0.04
Employee Benefits 0.06
Louisiana Judiciary 0.07
Department of Education 0.08
Department of Civil Service 0.08
Louisiana Technical Colleges 0.08
Southern University Systems 0.08
Office of the State Treasurer 0.08
Louisiana Boards Commissions 0.09
Louisiana Legislature 0.11
Office of Workers Compensation 0.12
Department of Social Services 0.13
Division of Administration 0.14
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Program Facts

• 2010 WC claims cost the state 30.2 per man-hour
  worked
• A reduction of just 1 per man-hour would save
  the state 1.9 million in claims cost in a years
  time.
• A reduction rate of 1 per man-hour would result
  in a cumulative savings of 18.6 million in
  claims cost over the next 4 years.
• Maximum results can only be achieved through
  commitment, cooperation and support at all
  levels.

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Questions Answers