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The Comcare Self Insurance Option

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The Comcare Self Insurance Option



Self Insurers of South Australia



Mark Hurst



10 August 2007









This presentation to be read in conjunction with the authors’ paper

Introduction

• The Australian Government is facilitating access for

companies to self insure under Comcare



• This raises a number of questions, including:

– Is this a sensible and viable option?

– What are the implications for state schemes?

Outline of Presentation

1. Productivity Commission Report



2. The Comcare Self Insurance Option





6. Licensing and

3. OH&S 4. OH&S 5. Workers

Regulation

Framework Enforcement Compensation









7. Impact on State Schemes

1. Productivity Commission Report



Terms of Reference

March 2003: Australian Government asked

Productivity Commission:



“to assess possible models for establishing

national frameworks for workers’ compensation

and OH&S arrangements”

1. Productivity Commission Report



March 2004: PC report recommended:

• For OH&S - establish national uniformity in OH&S

regulation



• For workers comp - alternative national scheme

operating alongside state schemes via 3 steps:

1. encourage self insurance under Comcare

2. establish an alternative national self insurance

scheme

3. establish an alternative national underwritten

scheme

1. Productivity Commission Report



Government Response

• For OH&S

– Establish ASCC

– OHS and SRC Legislation Amendment Act

September 2006

1. Productivity Commission Report



Government Response

• For workers comp

– Accepted Step 1 of progressive national scheme,

i.e. encourage self insurance under Comcare

– Rejected Step 2 (alternative national self

insurance) and Step 3 (alternative national

underwritten scheme)

2. The Comcare Self Insurance Option

Eligibility

• Competition test

– John Holland eligibility implies broad

interpretation of competition

• Comcare licence

– Financial and prudential requirements

– Capacity to manage claims

– Will not harm employees’ interests

• Currently 18 self insurers

– 5 others eligible but not yet licensed

– Chubb & NAB joined during 2007

• Optus case

2. The Comcare Self Insurance Option



Impact of Comcare self insurance

• No longer have to satisfy state scheme legislation

• OHS and SRC Legislation Amendment Act

– Passed in September 2006

– Single OH&S framework for all employees

• SRC ACT

– One set of workers compensation benefits

– Single dispute resolution system

• Avoid admin and compliance costs of operating under

up to 8 sets of OH&S and workers compensation

regulations

2. The Comcare Self Insurance Option



Survey of National Employers

• Major influences in deciding whether or not to move

to Comcare

– Workers comp financial implications (100%)

– Workers comp regulation / compliance (100%)

– OH&S financial implications (83%)

– OH&S regulation / compliance (100%)

– Strict OH&S liability (50%)

• Uniform legislation and regulations

– Consistently emphasised

Assessment of Comcare Self-Ins Option



1. Productivity Commission Report



2. The Comcare Self Insurance Option





6. Licensing and

3. OH&S 4. OH&S 5. Workers Regulation

Framework Enforcement Compensation









7. Impact on State Schemes

Assessment of Comcare Self-Ins Option



3. OH&S

Framework

Assessment of Comcare Self-Ins Option



3. OH&S

Framework









?

Assessment of Comcare Self-Ins Option



3. OH&S

Framework Strict Liability

• In NSW, if a workplace injury occurs onus of proof

on employer to show they had done everything

practicable to establish a safe workplace



• Other jurisdictions (including Comcare) onus of

proof on regulator to show that the employer had

not done everything practicable



• In survey, cited as a significant factor by employers

for considering a move to Comcare

Assessment of Comcare Self-Ins Option



3. OH&S

Framework Conclusions



• OH&S frameworks are broadly similar across states

but myriad minor differences

=> Significant advantage for employers in working

under single regulatory framework



• Escaping NSW strict liability provisions may be an

important factor

Assessment of Comcare Self-Ins Option



4. OH&S Proactive Interventions per

Enforcement 100,000 Employees

1,600



1,400

1,200



1,000

800



600

400



200

0

Cwth NSW * Vic Qld WA SA Tas



* No data Jurisdiction

Assessment of Comcare Self-Ins Option

4. OH&S Enforcement Notices per 100,000

Enforcement Employees

1,600

Prohibition

1,400

Improvement

1,200



1,000



800



600



400



200



0

Cwth NSW Vic Qld WA SA Tas

Jurisdiction

Assessment of Comcare Self-Ins Option

4. OH&S Legal Proceedings Commenced per

Enforcement 100,000 Employees

18

16

14

12

10

8

6

4

2

0

Cwth NSW Vic * Qld WA SA Tas

* Completed Jurisdiction

Assessment of Comcare Self-Ins Option

4. OH&S

Enforcement Conclusions



• OH&S frameworks broadly similar across jurisdictions -

NSW strict liability exception





• Greatest differences in OH&S comes through

approach to enforcement:

– Comcare currently “light touch”

– May need to change approach & beef up resources

to operate in new workplaces

Assessment of Comcare Self-Ins Option



5. Workers

Compensation



• Single Set of Benefits

• Benefit Comparison

• Claim Cost Comparison

• Disputes

Assessment of Comcare Self-Ins Option



5. Workers

Compensation Single Set of Benefits

• Advantages

– Uniform set of benefits and rules across all

employees

– Equality across staff

– Simpler systems and processes

– Potential to standardise and perhaps centralise

claims management

• Identified as a key attraction of moving to Comcare

Assessment of Comcare Self-Ins Option



5. Workers

Compensation Benefit Comparison



• Weekly benefits generally more generous

– 100% for 45 weeks

– long-term entitlement

• Limited redemptions

• Limited access to common law

• Lump sums generally lower than states

Assessment of Comcare Self-Ins Option

5. Workers

Compensation Benefit Comparison

• SRC Amendment Act (passed 27 March 2007)

– Remove non-work related journey claims

– Limit coverage of stress claims

– Broaden suitable employment test for establishing

potential earnings for long-term partial claims

• Will reduce cost of Comcare benefits

• Comcare generally more costly because of weekly

benefit design (around 10%)

– Recent amendments will reduce the difference

Assessment of Comcare Self-Ins Option



5. Workers

Compensation Claim Cost Comparison



Difficult to compare claim costs between

states and Comcare due to different:

Coverage

Industry mix

Benefits

Assessment of Comcare Self-Ins Option



5. Workers

Compensation Standardised Premium Rates

3.5



3.0

Premium (% of wages)









2.5



2.0



1.5



1.0



0.5



0.0

Cwth NSW Vic Qld WA SA Tas NT

Jurisdiction

Assessment of Comcare Self-Ins Option



5. Workers

Compensation Premium Rates



2002-03 2003-04

Comcare Aust. Avg. Comcare Aust. Avg.

% % % %

Transport & Storage 1.05 3.57 1.17 3.48

Finance & Insurance 0.89 0.52 1.25 0.54

Property & Business Services 0.57 1.14 0.82 1.07

Assessment of Comcare Self-Ins Option



5. Workers

Claim Costs

Compensation

100% Award of $1,000

90%

Replacement Ratio (120 weeks)









Award of $1,000

80% plus $250 overtime

70%



60%



50%



40%



30%



20%



10%



0%

Cwth NSW Vic Qld WA SA Tas NT

Assessment of Comcare Self-Ins Option



5. Workers

Compensation Disputation Rates

18%



16%



14%

Disputation rate









12%



10%



8%



6%



4%



2%



0%

Cwth NSW Vic Qld WA SA Tas NT

Assessment of Comcare Self-Ins Option



5. Workers Proportion of Disputes

Compensation Resolved within 9 months

120%

Proportion of Disputes Resolved









100%





80%





60%





40%





20%





0%

Cwth NSW Vic Qld WA Tas

Assessment of Comcare Self-Ins Option



5. Workers

Compensation Conclusions

• Operational and practical benefits for employers

from a single framework



• Comcare generally more costly because of weekly

benefit design

– recent amendments will reduce the difference



• Dispute resolution framework is another factor

driving different claim outcomes

Assessment of Comcare Self-Ins Option

6. Licensing and

Regulation









• Tail provisions and exit fees



• Comcare self insurance licensing arrangements



• Compliance costs

7. Impact on State Schemes





“..a substantial exit of employers from any scheme will

detrimentally impact the financial viability of the

scheme they have left” (WorkCover Queensland

submission to Productivity Commission)



• Scale diseconomies

• Premium rate impacts

• State self insurance viability

7. Impact on State Schemes



Scheme Expense Rates (government underwritten)



Scheme annual reports 2005/06 CPM-8: Expenses as % Claims

Premium Expenses Expense Rate 2004/05 2000/01

$m $m % Premium % Claims % Claims

NSW 2,925 1,004 34% 28% 18%

Victoria 1,668 392 24% 31% 19%

Queensland 861 157 18% 22% 23%

SA 544 80 15% 17% 19%

Comcare (Cwth) 190 24 12% 18% 17%

Average 27% 27% 19%

7. Impact on State Schemes



Premium Rate Impacts: An Illustration

• 10% of insured premium base moves to Comcare



• These employers have been providing 15% cross-

subsidy



• Fixed costs currently 10% of premium pool

7. Impact on State Schemes

Before

Large Other Total

Employers Employers Scheme

Wages ($m) 500 4,500 5,000

Required Premium 1.74% 2.03% 2.00%

Actual Premium 2.00% 2.00% 2.00%

Cross-Subsidy 15.0% -1.4% -



Large Other

Overheads Overheads

0.9 9.1









Claims & CHE Claims & CHE

82.2

7.8

7. Impact on State Schemes

Other Employers

Wages ($m) 4,500

Required Premium 2.05%

After Previous Premium

Increase

2.00%



% of Insured Wages 0.05%

% of Premium 2.42%

7. Impact on State Schemes



Conclusions

• Scale diseconomies: not a serious problem



• Premium impacts: shouldn’t be a problem,

but depends on:

– current cross-subsidies in premium design, and

– whether eligibility criteria relaxed





• Self insurance: possible loss of critical mass in

smaller jurisdictions

Overall Conclusions

• The Comcare self insurance option

– Significant operational advantages for an

employer from adopting uniform frameworks for

OH&S, workers’ comp benefits and self insurance

regulation

– Comcare currently a “light touch” OH&S

regulator – may change

– Workers’ comp may be more costly (although

recent amendments will reduce difference)

– Employer also needs to consider exit levies that

may be payable and impact on employees

• State scheme impact

The Comcare Self Insurance Option



Self Insurers of South Australia



Mark Hurst



10 August 2007









This presentation to be read in conjunction with the authors’ paper



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