absolve®: absence management solution book of … · employer expense as % of payroll direct cost...
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ABSOLVE PROGRAM RESULTS 2
Through a combination of proprietary claims handling processes, clinical and technical expertise, and medical case management, AbSolve reduces unscheduled absence by 30% in 3 years. 3
EMPLOYER EXPENSE AS % OF PAYROLLDirect Cost of Unscheduled Absence = 9% of Payroll
PROPRIETARY OUTSOURCING SOLUTIONNJHA’s new leave of absence outsourcing solution, AbSolve (formerly known as CAMP - Custom Absence Management Program), leverages clinical and medical expertise, best practices, and technology to reduce lost time associated with unscheduled employee absence.
14%
9%
26%
Unscheduled AbsenceDirect Cost
Unscheduled AbsenceIndirect Cost
Health Care
PAYROLL
Salary ContinuanceBene�tsTaxes
Replacement laborTrainingLost productivity
M����� 1-6 M�����
7-12 M����� 13-18 M�����
19-24 M����� 25-30 M�����
31-36
1 Incurred duration as of February 20152 Calculation of total hours and pay rates
BOOK OF BUSINESS
INDUSTRY: FACILITIES:EMPLOYEES: LOCATION:
BOOK OF BUSINESS RESULTSAbSolve®: ABSENCE MANAGEMENT SOLUTION
3-YEAR SAVINGS SCHEDULE 4
YEAR 1 YEAR 2 YEAR 3
TOTAL 3-YEAR SAVINGS:
PAY
RO
LL
(DU
E T
O U
NSC
HED
ULE
D A
BSE
NC
E)
�������:������� ������� �������:
������� �����:
$3600 ��� ��6%
$108 M
$1800 ��� ��3%
$54 M
$1200 ��� ��2%
$36 M
$600 ��� ��1%
$18 M
������ ������ ��������� 3
HEALTHCARE
1230,000NORTHEAST U.S.
3 Based on closed claims trend and incurred duration as of January 20154 Total savings as a result of reduced paid-time-o� and replacement of essential hours
71 DAYS
63 DAYS60 DAYS
56 DAYS53 DAYS
30
35
4045
50
5560
657075
STATE FUND(Before) MONTHS 1-6 MONTHS 7-12 MONTHS 13-18 MONTHS 19-241
Short-Term Disability: Days Reduced by 25%