by Marc Ring | Jan 18, 2016 | Claim costs, Claim management, Injured Worker, Premium, Reforms, Rehabilitation, Workers Compensation
At ABILITY GROUP, we are proud to showcase the outstanding results of our specialist workplace rehabilitation provider, Health Ability, which has achieved a 100% Return-to-Work (RTW) rate. This milestone demonstrates the effectiveness of timely, tailored...
by Marc Ring | Jan 14, 2016 | Appeal, Claim costs, Claim management, Consulting, Premium, Reforms, Workers Compensation
In 2015/16, many employers faced sharp increases in premiums due to prior year adjustments and a new renewal formula. For businesses with tariff premiums above $30,000, the impact was substantial, creating financial strain at the most critical time of year. Strategic...
by Marc Ring | Jan 8, 2016 | Claim costs, Claim management, Injured Worker, Premium, Reforms, Workers Compensation
On the 4th of December 2015, icare (previously known as WorkCover NSW) announced further changes as a component of the NSW government ongoing NSW workers compensation reforms. The latest reforms include benefit changes to injured employees in need of the highest...
by Marc Ring | Dec 4, 2015 | Claim costs, Claim management, Rehabilitation, Work Health Program, Workers Compensation
Mental health issues are becoming increasingly common in Australian workplaces and from a workers compensation perspective they are 7-8 times more expensive than physical injury related claims. A recent PWC study found mental health issues cost Australian businesses...
by Marc Ring | Oct 23, 2015 | Appeal, Claim costs, Premium, Reforms, Workers Compensation
Despite the NSW scheme changes taking effect back on 30 June 2015, the majority of medium to large NSW businesses are yet to receive their 2015/16 premium renewals. With iCare now authorising the NSW insurers to start processing 2015/16 renewal notices the challenge...
by Marc Ring | Oct 20, 2015 | Claim costs, Claim management, Premium, Workers Compensation
Finance Minister Dominic Perrottet and the NSW Government have led reforms to make business easier and cheaper, with workers’ compensation a key focus. These reforms reward strong performers and penalise poor ones. While many expected lower premiums, insurers advise...
