Psychological & Medical Payments Rise

by ABILITY GROUP | Jun 6, 2019 | Claim costs, Premium, Workers Compensation

Workers’ compensation in New South Wales (NSW) has traditionally focused on physical injuries. However, psychological injury claims have doubled in the past six years, reflecting greater awareness of mental health and workplace stress. This has led to a sharp increase in medical and psychological payments, placing pressure on the NSW Nominal Insurer (icare) and the businesses that fund the scheme.