ReturnToWorkSA announces a new Return to Work Scheme which will provide a further reduction in their insurance premium paid to provide cover for work-related accidents and injuries.
The ReturnToWorkSA Board has set the average premium rate to 1.70% (plus WHS fee) for 2018/19, which is 5.5%b lower than last year and the lowest in the scheme’s history. This will provide a saving of $28 million for the state’s premium paying employers in the coming financial year. The new premium rate will take effect in July 2018.
“We are hearing many positive stories from our customers about the service and support they are receiving under the new scheme,” said ReturnToWorkSA chair Joanne Denley.
“This feedback, coupled with the Scheme results, are telling us that our new approach is working. The improvement to the South Australian Scheme is a great achievement and we continue pursuing service excellence to drive even better experiences with improved health outcomes for South Australians injured at work.
“With return to work rates being at their highest level ever, and the Scheme being fully funded for the last couple of years, this is a great opportunity to put money back in employers’ hands making it more affordable to run a business in South Australia,” said Ms. Denley.