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10/08/91
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10/08/91
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Meetings
Meeting Document Type
Agenda
Document Title
Budget Committee
Document Date
10/08/1991
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Mrs. Kay McAloney <br />September 24, 1991 <br />Page Two <br /> <br />experience. While it is nice to have inexpensive insurance programs, the real key to <br />effectively continuing those programs is to control the work place and the cost of losses <br />once they have oecuneck <br /> <br />· Risk Identification and Analysis <br /> <br />· Insurance Program Audit <br /> <br />· Competitive Purchasing Management - Insurance Specifications, Broker Selection, <br /> Coverage and Rate Negotiation <br /> <br />· Insurance Proposals - Analysis, Comparison and Negotiation <br /> <br />· Professional Liability/Errors & Omissions Liability - Analysis and Insurance <br /> Negotiation <br /> <br />· Contract Control - Analysis of Indemnification, Hold Harmless, Insurance, Waiver <br /> of Subrogation, and other risk provisions in Leases, Purchase and Acquisition <br /> Agreements, Contracts with Customers, Vendors, Manufacturers, Suppliers, etc. <br /> (in association with legal counsel) <br /> <br />· Workers' Compensation - <br /> <br /> Develop policy statements of risk management, loss prevention, <br /> safety and loss control; <br /> <br /> Establish a formal workers' compensation management program for <br /> the control of losses once they have occurred; <br /> <br /> Establish a formal loss prevention program. <br /> <br /> Disseminate the policy statements by meeting with all personnel; <br /> <br /> Work with your local clinics to provide medical management on all <br /> workers' compensation claims. <br /> <br /> Review all claim and claim reserves for the correctness of the <br /> insurance company handling; <br /> <br /> Approve all bills regarding insurance premiums; <br /> Coordinate all audits to verify their correctness. <br />· Mergers & Acquisitions - Risk Assessment; Insurance Analysis <br />· Continuing Risk Management - ongoing contributions as part of Management Team <br /> <br /> <br />
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