by Marc Ring | Oct 21, 2013 | Consulting, Workers Compensation
Reduce Impact of Claims
For many businesses, workers compensation claims don’t only impact customers and other workers, they can have severe financial impacts. Since 1 July 2013, NSW legislation reforms mean businesses with workers compensation premiums >$30,000 are claims experience rated. In simple terms this means these premiums will increase for 3 years due to claims costs and often for every $1 in claims costs you pay more in premium. Like to reduce the impacts of claims?
(more…)
by Marc Ring | Sep 18, 2013 | Workers Compensation
Benefits of Early Incident & Injury Engagement
Early engagement with workers compensation is critical on many fronts. Assisting an injured worker is paramount for businesses, yet the impacts don’t stop at just the injury. Early engagement with an injury or workers compensation claim can have numerous other benefits. At times, many businesses are unaware of the hidden or potential impacts.
(more…)
by Marc Ring | Aug 21, 2013 | Work Health & Safety, Workers Compensation
Diabetes and Obesity in Australia
We promote people are a business’ most value asset. Many successful businesses invest in the health, safety and well-being of their workers which provides business returns in many different ways, decreased absenteeism, presenteeism and improved customer/client service to name a few.
Spending on diabetes in Australia is increasing sharply and when combined with an ageing population and increasing obesity, there are growing concerns for nationally and specifically for employers.
(more…)
by Marc Ring | Jul 3, 2013 | Work Health & Safety, Workers Compensation
Mental Health and Psychological Claims
The increasing trend of psychological claims is a growing concern and more so given on average such claims can on average be 7 times more costly than physical claims. Businesses are consequently needing to consider both the physical and mental safety of their workers. For further information, please refer to Workplace Prevention of Mental Health Problems guidelines issued by the Institute for Safety, Compensation and Recovery Research (ISCRR).
(more…)
by Marc Ring | May 16, 2013 | Consulting, Workers Compensation
ABILITY GROUP Saves Newest Client $350,000
We want to share our latest client success story where last Friday we presented to the CEO of our newest client that we have delivered $350,000 (1st year refund in round terms) of workers compensation premium related savings. Our client’s CEO and board are ecstatic, having since signed ABILITY GROUP as their specialist workers compensation partner on a long term service agreement to ensure sustainability of their program.
(more…)