by Marc Ring | Jan 20, 2016 | Premium, Workers Compensation
Significant challenges defined the 2015/16 renewal period for NSW workers’ compensation premiums. ABILITY GROUP has closely monitored these developments to keep employers informed and supported through the transition. Key Changes in Legislation New premium...
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 | Dec 2, 2015 | Appeal, Success Story, Workers Compensation
In 2015, ABILITY GROUP achieved a major victory for one of its clients, successfully saving $550,000 through a workers’ compensation premium appeal. This case highlights the importance of expert guidance in navigating complex legislation and premium formula...