by Marc Ring | Jun 24, 2016 | Consulting, Premium, Reforms, Workers Compensation
In the last 12 months, the NSW workers compensation industry has experienced dramatic change. As we approach 30 June 2016, it should be relieving for businesses to know that for there are no changes for workers compensation WorkCover Industry Classification (WIC) rates. As 2016/17 rates for NSW Workers Compensation apply to all renewals that fall due at 4pm on 30th June 2016, businesses and brokers will now be receiving renewal notices for these policies without fear of rate driven increases.
For large employers, icare however announced changes to the Retro Paid Loss (RPL) model by introducing Loss Prevention & Recovery (LPR) scheme as the replacement. LPR is progressively moving closer to providing pricing similar to that of insurers in privately underwritten schemes. This is an important change for large business.
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by Marc Ring | Jun 1, 2016 | Workers Compensation
People often say moving is only marginally less traumatic than divorce or a separation. Moving home is always challenging yet as a growing business irrespective of planning it would appear there are plenty of surprises along the way.
ABILITY GROUP recently moved offices and we are now conveniently located in the heart of Lane Cove’s business and retail Longueville Road and a mere 15 minutes from the CBD. If you are in the area drop in and say hi.
With the majority of boxes gone, phone and other systems working, we can are almost ready to start our exciting new venture by opening our PROHEALTH PHYSIO clinic.
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by Marc Ring | May 18, 2016 | Injured Worker, Rehabilitation, Workers Compensation
New benefits to assist the return to work of NSW injured workers took affect on the 29th of April 2016. These changes include workplace modifications, the transition to work equipment and training programs.
In light of these changes there is increased fluidity and interaction with SIRA vocational rehabilitation programs. SIRA currently has 6 vocational education programs that are administered under Section 53 of the Act of 1988.
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by Marc Ring | May 4, 2016 | Workers Compensation
The last 12 months has seen continued change across NSW Workers Compensation which remains consistent with the prior 2-3 years. These recent NSW workers compensation structural changes were designed to result in a faster, simpler, and more engaging experience for workers, employers and other stakeholders.
In September 2015, the structural separation of insurance functions was recommended in various reports and inquiries into WorkCover to address the inbuilt conflict between the insurance regulatory and insurance service delivery functions. Importantly, addressing concerns of various stakeholders as well.
Benefit reforms for injured workers were made law in August 2015. The benefit reforms focus on three objectives: helping injured workers with the highest needs, assisting those with injuries to return to work, and applying benefits equitably for all injured workers.
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by Marc Ring | Apr 18, 2016 | Work Health & Safety, Work Health Program
A healthy workplace is not only good for your workers, it can also be very beneficial for your business. Implementing Wellness or Work Health Programs that focus on preventative health and lifestyle improvement often lead to greater productivity, less absenteeism, fewer injuries and a reduction of longer term costs. Even small changes can have a huge impact. For 5 Tips for a Healthier Workplace
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