NSW WC - News and Events

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Allianz provides a range of education initiatives and information services to help you effectively and proactively perform your workers compensation, injury management and OHS responsibilities.

Latest News and Events

WorkSpace Bulletin

Allianz publishes quarterly Bulletin’s to provide our clients and business partners with up to date information on key issues and events in the workers compensation and Work Health & Safety industry.

Please click on the link below to explore current and past bulletins.

Training Courses

Allianz conducts training for our clients and business partners to provide knowledge, understanding and skills in key areas of workers compensation, injury management and Work Health & Safety. The majority of sessions are provided free of charge to our clients. For more information on the dates and times of these sessions and details of what is covered in the available training sessions please view the attached training schedule or contact our NSW training division on (02) 9390 6619 or email Trainingnsw@allianz.com.au

Please click on the link below to find out more about NSW Workers Compensation Training.

Get Healthy at Work

Allianz is committed to supporting the provision of a safe and healthy work environment for all employees as healthy workers can mean safer workers. Get Healthy at Work will help you create a simple and effective workplace health program. Get healthy today!

Latest reforms

See the latest reforms in the sections below

Latest reforms

Medium and large employer policy premiums reforms

Overview

In 2013 WorkCover NSW introduced changes for small businesses which have had positive results, including increased certainty, a reduction in administration costs for employers and a reduced number of claims.

Following on from the success of these reforms for small businesses, WorkCover has introduced changes to workers compensation premiums for medium and large employers (also referred to as “Experience-rated employers”).

Effective from 30 June 2015, the objectives of the reforms are to:

  • Deliver easy to understand premiums – it is now clearer for employers how they can influence their premiums by providing safer workplaces.
  • Improve outcomes for injured workers - incentives for employers who manage workers through recovery at work.
  • Provide safer workplaces - incentives to promote workplace safety and rewards for maintaining safe workplaces.
  • Reduce red tape - WorkCover will assess and set the risk of employers' policies at the renewal of the policy and premiums will be adjusted for final wages at its conclusion.
  • Deliver sustainability and certainty - new minimum and maximum limits will provide more certainty when forecasting, while a scheme performance adjustment will also be introduced.

Definition of an experience rated employer

  • An employer is considered to be an experienced rated employer (medium and large employer) if they have an annual basic tariff premium (BTP) greater than $30,000.
  • All medium and large employers are processed using a formula that includes wages and claims experience to determine premiums.

Key changes for medium and large employers

  • New premium calculation formula.
  • Claims Performance Rating.
  • Safety rewards for businesses that maintain safe workplace.
  • Incentives for employers who manage workers through safe recovery at work.
  • Primary Activities will be captured for all employer policies.

Incentives and rewards

  • Employer Safety Incentive (ESI) will be expanded from the small employers to all employers in the NSW WorkCover Insurance Scheme. The incentive will be a discount on the basic tariff premium (BTP) to all employers when calculating their premiums.
  • Employer Safety Reward (ESR) will be available to employers who maintain a safe workplace and have not incurred any claims for four consecutive years.
  • Return to Work Incentive (RTWI) discount is applied at individual claim cost level for the renewal premium calculation. This incorporates claims made for policy period from 30 June 2015 with Date Of Injury (DOI) on or after 30 June 2015, with the first calculation made at 30 June 2016 renewals.
  • Performance Discount (PD) is a new component that will apply to the employer’s actual wages at the end of their policy period where the Scheme has shown improved performance.

Guides and fact sheets about NSW premium reforms

Links

Visit the WorkCover webpage for more information or contact Allianz on 1300 130 664.

Small business employer policy reforms

On 30 June 2013 WorkCover NSW made changes for small business employers to reward them with discounts for paying premiums on time, providing incentives for looking after their worker’s health and safety and reducing red tape.

The key changes for small business employers included:

Definition of a small business employer

  • An employer is considered to be a small business employer if they have an annual basic tariff premium (BTP) equal to or less than $30,000. (Previously this was equal to or less than $10,000 BTP).
  • All small business employers will no longer be experience rated, unless they are part of a group where the group BTP exceeds $30,000.

Premium incentives

  • Small business employers* will now get an increased discount of five (5) per cent if the annual premium is paid in full by the due date (the discount has increased from three per cent).
  • Small business employers* now get a 10 per cent Employer Safety Incentive (ESI) premium discount up-front at each policy renewal. If a claim is made during the policy year and the injured worker does not return to pre-injury employment within four weeks of the date of injury the ESI discount will be removed.
  • If the ESI is lost due to an injury at work, a small business employer will be eligible for a Return to Work Incentive and still earn a 10 per cent reduction on premium adjustment if the injured worker is able to return to pre-injury employment within 13 weeks of the date of injury.

* Discounts do not apply to small business employers if they are part of a group with a BTP greater than $30,000.

Less red tape

  • On expiry of the current insurance period, agents will automatically renew small business employer policies.
  • Small business employers with a renewal date which does not coincide with a month end date will automatically align to the month end prior to their current expiry date, for example; If the policy has a current expiry date of 21 July 2015, the new expiry date will be 30 June 2016. The policy period will then renew annually on this date for a 12 month period thereafter.
  • Small business employers will no longer be required to submit estimated wage declarations.
  • Actual wages for the previous policy period are now due four (4) months from expiry of the policy.

Guides and fact sheets about NSW premium reforms

  • WorkCover Brochure (http://www.workcover.nsw.gov.au/formspublications/publications/Documents/small-employers-reforms-premiums-factsheet-3989.pdf)
  • Guide for NSW Employers (http://www.workcover.nsw.gov.au/formspublications/publications/Documents/workers-compensation-insurance-guide-for-employers-3885.pdf)

Visit the WorkCover webpage for more information or contact Allianz on 1300 130 664.

WorkCover NSW announced premium rate reductions for NSW employers to assist with business growth, development and staffing as well as to increase competitiveness for businesses who operate in NSW. An average premium rate reduction of 7.5 per cent for NSW businesses came into effect on 30 June 2013.

This reduction applied to 346 industries where improved safety and claims experience have been demonstrated. Rate reductions for these industries are detailed in the fact sheets below.

The changes mean no employer received a base rate increase in 2013.

WorkCover announced premium rate reductions (averaging 5 per cent) to better performing industries for the January - June 2014 policy period. Rate reductions will range from 0 per cent to 7.5 per cent based on the industry performance. This came into effect at 4pm on 31 December 2013.

These reductions were applied to 376 better performing industries of which 288 industries received greater than 5 per cent reduction.