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Horizon Issues
· Health status of employees and the costs of their future care
Risk Financing
Claim Expense Management – The Risk section is constantly trying to lower claim-related expenses. They
encourage immediate reporting of all losses so claims can be monitored and quickly brought to closure. They strive
to handle claims fairly, promptly, and efficiently. This lowers the possibility of legal disputes, as well as discourages
those attempting to solicit financial gain from the City. They educate the departments about the importance of
safety management and make sure there is proper coverage for their exposures. They benchmark the City’s claim
activity against other similar risks in an effort to proactively forecast future claim costs.
Commercial Insurance – Due to an unstable market, we are anticipating an increase in insurance premiums and
deductibles.
Strategic Safety Plan – The Safety division is undergoing an organizational restructuring with the addition of a
Safety Coordinator.
Pharmacy Benefit Management Company (PBM) — The goal is to obtain a PBM for the workers’ compensation
program to reduce pharmacy costs.
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