
In the new scheme changes, NSW WorkCover introduced a provision for a premium capping. Although not widely known, relevant businesses are able to apply for certain capping. ABILITY GROUP can help develop a business case and apply for capping at no cost, with fees only payable if greater savings are secured beyond those in the legislation.
ABILITY GROUP leveraged its expertise and network to secure capping on clients’ 2015/16 renewals, reducing workers’ compensation costs
Should your or your client’s 2015/16 NSW workers compensation renewal increase dramatically and you want to understand what can be done to minimise the financial impacts, contact us to discuss.
Source: Icare
Title: What is premium capping and how does it work? | icare
Read time: 5+ mins