Stewardship Report

©2019 CorVel Corporation. All rights reserved. 
ENTERPRISE COMP STEWARDSHIP
Reporting Period 07/01/2020 - 06/30/2025  
As of 06/30/2025

©2019 CorVel Corporation. All rights reserved. 
PROGRAM SUMMARY
 Program Highlights
• 2025 lowest frequency of claims out of last 5 years
• 5-year average incurred dropped by over 50%
• Improved total lag time
• Increase in claim closures
• $1.3 million in Network Solutions savings
• Case Management ROI: $10:1
• Over $100,000 in savings by utilizing 24/7 Nurse Triage

©2019 CorVel Corporation. All rights reserved. 
9
CLAIMS SUMMARY
Injury Year (FYE)
2021
2022
2023
2024
2025
Number of Claims
139
120
133
158
116
Total Incurred
$2,805,538
$2,281,074
$1,935,760
$1,310,746
$1,245,486
Average Incurred
$20,184
$19,009
$14,555
$8,296
$10,737
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
TOTAL INCURRED
Avg. incurred 
w/o COVID
$11,833
SUMMARY
• 2021 – COVID $1.2M
• 2022 – COVID $1.5M
• 5 Year average incurred 
$6,718
Avg. incurred 
w/o COVID 
$6,387

©2019 CorVel Corporation. All rights reserved. 
10
CLAIMS SUMMARY
AGED ONE PERIOD
Injury Year (FYE)
2021
2022
2023
2024
2025
Number of Claims
131
119
131
150
116
Total Incurred
$2,586,374
$2,625,867
$1,234,978
$1,359,780
$1,245,486
Average Incurred
$19,743
$22,066
$9,427
$9,065
$10,737
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
TOTAL INCURRED
SUMMARY
• 2021 – COVID $1.2M
• 2022 – COVID $1.5M

©2019 CorVel Corporation. All rights reserved. 
11
STATURORY CLAIM COUNTS

©2019 CorVel Corporation. All rights reserved. 
14
BENCHMARKING
AGED ONE YEAR
SUMMARY
• Average incurred 2025 
higher
• 3 Claims > $100k
• 8 Claims > $50k
• Nice improvement with 
total lag, > 2 days

©2019 CorVel Corporation. All rights reserved. 
15
SUMMARY
• Strains, Contusions and 
Sprains – higher severity
• Medical only and 
Indemnity claims closing 
sooner than other PE’s
BENCHMARKING
AGED ONE YEAR

©2019 CorVel Corporation. All rights reserved. 
16
Injury Year (FYE)
2021
2022
2023
2024
2025
Chand Police Department
Number of Claims
72
53
61
80
48
Total Incurred
$2,324,452
$2,015,625
$1,237,084
$897,299
$632,071
Average Incurred
$32,284
$38,031
$20,280
$11,216
$13,168
CHAND FIRE HEALTH & MEDICAL DEPARTMENT
Number of Claims
28
29
36
35
27
Total Incurred
$362,112
$175,187
$342,841
$172,472
$247,657
Average Incurred
$12,933
$6,041
$9,523
$4,928
$9,172
CHAND PUBLIC  WORKS & UTILITIES
Number of Claims
18
17
11
20
16
Total Incurred
$75,213
$50,637
$48,531
$99,966
$220,226
Average Incurred
$4,179
$2,979
$4,412
$4,998
$13,764
CHAND COMMUNITY SERVICES
Number of Claims
12
11
20
13
14
Total Incurred
$29,331
$24,307
$291,466
$60,837
$128,311
Average Incurred
$2,444
$2,210
$14,573
$4,680
$9,165
CHAND CITY MANAGER
Number of Claims
0
3
3
5
3
Total Incurred
$0
$2,022
$7,161
$70,194
$10,875
Average Incurred
$0
$674
$2,387
$14,039
$3,625
SUMMARY
• Claim frequency 
continues to remain 
relatively consistent 
over a 5-year average
• Spike in average 
incurred in 2025 due to 
higher severity of claims
CLAIM COUNTS
TOP FIVE LOCATION SUMMARY

©2019 CorVel Corporation. All rights reserved. 
17
CLAIMS CLOSURE
0.0%
44.5%
83.3%
92.6%
94.7%
96.1%
0
12
24
36
48
60
2021
0.0%
58.6%
90.9%
94.6%
2023
0.0%
51.2%
89.8%
2024
MONTHS
0.0%
61.6%
94.1%
97.4%
98.3%
2022
0.9%
68.9%
2025
SUMMARY
• On average 57% of 
claims continue to close 
in the first year

©2019 CorVel Corporation. All rights reserved. 
20
CLAIM COUNTS
NATURE OF INJURIES
Injury Nature
Injury Year (FYE)
Claims
% of Claims
Claims
% of Claims
Claims
% of Claims
Claims
% of Claims
Claims
% of Claims
         2021
53
38%
27
19%
8
6%
9
6%
0
0%
         2022
34
28%
25
21%
14
12%
10
8%
1
1%
         2023
35
26%
23
17%
15
11%
11
8%
4
3%
         2024
44
28%
39
25%
26
16%
8
5%
4
3%
         2025
31
27%
27
23%
15
13%
9
8%
6
5%
Strain
Contusion
Sprain
Laceration
Specific Injury, Not 
Otherwise Classified
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
PERCENTAGE OF CLAIMS
SUMMARY
• Strains – On same level, 
lifting, twisting
• Contusion – Fall on same 
level,  person in act of 
crime, MVA
• Sprain – Fall on same level, 
person in act of crime, 
lifting
• Laceration – Objects 
handled, cut puncture 
scrape, motor vehicle
• All Other Specific Injuries 
NOC – Objects being 
handled, animal or insect, 
fall on same level

©2019 CorVel Corporation. All rights reserved. 
21
INCURRED
NATURE OF INJURIES
SUMMARY
• 2025 Strain – 1 claim         
> $100k 
• 2025 Contusion – 1 claim  
> $100k
• 2025 Dislocation – 1 claim 
> $100k

©2019 CorVel Corporation. All rights reserved. 
22
CLAIM COUNTS
BODY PART
Body Part
Injury Year (FYE)
Claims
% of Claims
Claims
% of Claims
Claims
% of Claims
Claims
% of Claims
Claims
% of Claims
         2021
15
11%
17
12%
10
7%
7
5%
8
6%
         2022
14
12%
9
8%
8
7%
3
3%
6
5%
         2023
10
8%
11
8%
10
8%
12
9%
6
5%
         2024
16
10%
12
8%
17
11%
10
6%
8
5%
         2025
19
16%
13
11%
13
11%
10
9%
6
5%
Knee
Lower Back Area
Shoulder(s)
Finger(s)
Ankle
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
PERCENTAGE OF CLAIMS
SUMMARY
• Knee – Falls, person in 
act of crime, twisting
• Lower back – Lifting, 
MVA, falls
• Shoulder(s) – Falls, 
person in act of crime, 
MVA
• Finger(s) – Objects 
being lifted/handled, 
animal or insect
• Ankle – Falls, twisting, 
person in act of crime

©2019 CorVel Corporation. All rights reserved. 
23
INCURRED
BODY PART
Body Part
Injury Year (FYE)
Incurred % of Incurred
Incurred % of Incurred
Incurred % of Incurred
Incurred % of Incurred
Incurred % of Incurred
         2021
$190,985
7%
$290,814
10%
$57,272
2%
$1,169
0%
$87,203
3%
         2022
$123,575
5%
$76,591
3%
$11,677
1%
$11,133
0%
$5,943
0%
         2023
$7,155
0%
$40,852
2%
$35,769
2%
$48,590
3%
$74,360
4%
         2024
$161,210
12%
$366,124
28%
$20,803
2%
$8,430
1%
$5,269
0%
         2025
$359,100
29%
$213,378
17%
$132,559
11%
$108,553
9%
$89,045
7%
Knee
Shoulder(s)
Ankle
Soft Tissue-Head
Ear(s)
0%
5%
10%
15%
20%
25%
30%
35%
PERCENTAGE OF CLAIMS
SUMMARY
• 2025 Knee – 1 claim     
> $100k  
• 2025 Shoulder – 1 claim 
> $100k
• 2025 Head – 1 claim     
> $100k

©2019 CorVel Corporation. All rights reserved. 
25
NETWORK SOLUTIONS
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
Provider Charges
Recommended Payments
Savings
Invoice Year
2021
2022
2023
2024
2025
Change
% Change
Bill Count
2,465
2,173
1,584
1,799
2,422
623
35%
Provider Charges
$2,139,422
$2,316,072
$1,626,469
$1,537,714
$2,244,080
$706,366
46%
Recommended Payments
$923,804
$1,177,550
$657,227
$656,082
$962,048
$305,966
47%
Savings
$1,215,618
$1,138,522
$969,241
$881,632
$1,282,032
$400,400
45%
Savings %
57%
49%
60%
57%
57%
0%
0%
Last Yr vs Prior Yr

©2019 CorVel Corporation. All rights reserved. 
27
PHARMACY SUMMARY
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
PHARMACY SAVINGS
Invoice Year
2021
2022
2023
2024
2025
Prescription Count
280
196
145
201
207
Prescription Charges
$132,317
$104,689
$75,383
$113,984
$103,787
Recommended Payments
$79,778
$61,978
$48,199
$75,096
$66,426
Pharmacy Savings
$52,540
$42,711
$27,184
$38,888
$37,361
Pharmacy Savings %
39.7%
40.8%
36.1%
34.1%
36.0%

©2019 CorVel Corporation. All rights reserved. 
32
SAVINGS CATEGORIES
Savings Category
Service Type
Medical
Indemnity
Total Savings
Total Fees
ROI
Overall
$308,700
$112,500
$421,200
$43,634
$10:1
Telephonic Case Management
$0
$0
$0
$0
$0:1
Field Case Management
$215,200
$67,500
$282,700
$34,843
$8:1
Task Assignment
$93,500
$45,000
$138,500
$8,791
$16:1
Vocational
$0
$0
$0
$0
$0:1
Catastrophic
$0
$0
$0
$0
$0:1
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Overall
Telephonic Case
Management
Field Case Management
Task Assignment
Vocational
Catastrophic
SAVINGS $