by Marc Ring | Jun 24, 2015 | Claim costs, Claim management, Workers Compensation
From 30 June 2015, the calculations for NSW businesses with a premium > $30,000 change completely. The new key drivers of premium become: – Wages and business activity – Claim performance now benchmarked against scheme rather industry – Return to...
by Marc Ring | Jun 22, 2015 | Appeal, Workers Compensation
Various sections of the NSW Workers Compensation Act 1987 allow a business to lodge a WorkCover appeal. We have seen the upcoming changes already impact some businesses as they face financial pressure caused by higher premium and there could be grounds for appeal....
by Marc Ring | Jun 11, 2015 | Consulting, Workers Compensation
The 30 June 2015 NSW changes include a new formula to calculate premiums with a range of new metrics replacing traditional measures. Although designed to make premiums easier to understand, many people are saying the actual result is wide of this mark. In a recent...
by Marc Ring | Jun 4, 2015 | Consulting, Workers Compensation
In today’s fast?paced digital world, complexity often slows businesses down. At ABILITY GROUP, we believe success comes from clarity. Our mission is simple: transform complicated challenges into straightforward, actionable solutions that drive measurable results. Why...
by Marc Ring | May 21, 2015 | Workers Compensation
In January, we communicated the upcoming NSW Workers Compensation Changes and how these were likely to impact medium to large NSW businesses. On 18th May 2015, Vivek Bhatia (CEO of WorkCover NSW) confirmed these changes and ABILITY GROUP believe they represent the...
by Marc Ring | May 15, 2015 | Claim costs, Investigations, Workers Compensation
The upcoming NSW medium to large business workers compensation changes mean the assessment of liability will be become increasingly critical. The ability to identify and document the facts of an injury can become crucial in minimising the future costs, speed of return...
