Case Study - Health and Aged Care

Optimising Insurance for Aged Care:
$200K+ in Annual Savings Secured

How Procurement Australia helped a national aged care and retired living provider enhance coverage, strengthen insurer relationships, and achieve significant cost savings.

Health and Aged Care Case Study
Cost savings-1

Over $200K in Cost
Savings

Achieved over $200,000 in annual premium reductions while maintaining insurer continuity.

Enhanced Policy

Enhanced Policy
Coverage

Identified and addressed deficiencies in key policy wordings, ensuring comprehensive protection.

Industry Expert

Industry-Specific
Expertise

Leveraged top aged care insurance specialists to secure tailored solutions and long-term benefits.

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Background and Overview

Supporting a National Leader in Aged Care Services

One of Australia’ largest, privately owned providers of residential aged care engaged members of the Insure Right team to complete a comprehensive review of their insurance arrangements.

Established for more than 20 years, the client boasted one of the most geographically diversified portfolios of any aged care provider in Australia, with more than 54 facilities housing some 6,000+ residents nationally.

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The Challenge

Navigating Growth and Evolving Insurance Needs

Although the client was seen as a relatively attractive risk due to their demonstrated commitment to risk management, recent operational changes driven by strong growth – such as third-party acquisitions and a recent IPO – necessitated a review of their insurance coverage to ensure it remained adequate.

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The Solution

Leveraging Industry Expertise to Optimise Insurance Solutions

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The Result

Enhanced Coverage and $200K+ in Annual Savings Secured

Ready to Achieve Outstanding Results for Your Organisation

Contact us to learn how we can help you achieve better value and lasting impact through strategic procurement.