Accident Compensation Corporation

Accident Compensation Corporation Angus McGregor The Scheme • • • • • • Motor Vehicle Account Residual Account Treatment Injury Account Non-Earners’ Account Earners’ Account Work Account We are good at what we do! • From a population of 4.3 million about 1.6 million claims were filed in the 2006/2007 levy year • Broader cover than every other scheme in the world • Better coordinated delivery of benefits • Better benefits • Faster return to work • Low scheme costs • Low administration expense Accident Compensation Corporation New Zealand Scheme Review March 2008 – PriceWaterhouseCoopers What are the chances? 26% - Other 36% - At Home 4% - At School 14% - In the workplace 6% - On a road 14% - During sport or recreation ACC data for the year to March 2006 New Zealand Safety Week • Plan • Top five tips – – – – – Bath mats Stair lighting Non-slip footwear Sliding doors Ladders • and toys Sample contract Wife's Affidavit: I, _____________________________, hereby authorize my spouse to work around the house without wearing gloves, hard hat, goggles, safety shoes or any other safety equipment, and hereby promise that I will without complaint, perform the following duties in case he is blinded or crippled: 1. Lead him wherever he wants to go. 2. Help him dress and eat. 3. Describe the scenery to him on our vacations. 4. Read to him instead of watching television. 5. Describe the way the children's eyes light up at Christmas and what their graduations and weddings are like. 6. Teach him to do housework so I can get a job to support our family. 7. Do all the work around the yard and garage that he used to do. 8. Teach our little boy how to play ball, build model aeroplanes, fish and hunt. Attitudes to Safety • Good Kiwi blokes • Safety is no accident • Living in a low risk society Before the event • Average 20% chance of a workplace injury where you work • Over 70% of smaller businesses that have a key person injured cease trading • A week off costs around $4,000 in profit • Replacing staff costs an average $57,000 We want to save your employer money. • Whether it is your own employer or a client, they all want to minimise costs! • ACC offers a range of products/programmes • We can also help with injury prevention and return to work advice • Free Workplace Safety Discounts (WSD) • Targets the highest risk employers in the highest risk industries • If the employer has ten or fewer employees or below $450,000 in liable earnings • And is in agriculture, construction, fishing, forestry, motor trades, road transport or waste collection • Then could be eligible for 10% discount on the Work Levy • Discount lasts for three years • Free training, a self-assessment and possible audit www.acc.co.nz/wsd Workplace Safety Management Practices (WSMP) • • • • Open to all industries Best fit for ten+ employees Independent audit Proves commitment to safety to employees and business partners • Reduces injuries • 10%, 15% and 20% Work Levy discount tiers • Discount lasts for 24 months from date of acceptance www.acc.co.nz/wsmp Workplace Safety Evaluations (WSE) • • • • • For the … ‘under-performers’ Double the injury rate +50% loading Work together to get the business back on track Positive outcomes www dot don’t call us we’ll call you TimeOut • Four weeks and then … nothing • Income protection insurance when you don’t have an income • Age 16 or over and worked at least 12 months • Up to five years of income at a pre-agreed rate in the event of injury • Based on gender, age, occupation and activity during your break • Exceptions: overseas travel and maternity leave www.acc.co.nz/levies-and-cover/agents-and-advisers/WCMZ003441 So what can we do better? • Products, programmes and services • Instil a safety culture • Develop the return to work policy • Make it easy Reducing administration and compliance costs for weekly compensation requests • Giving employers and payroll practitioners choices on how they submit the information to ACC – Enabling Employers to provide employee information over the telephone to ACC – Developing ACC On line to enable information to be submitted electronically e.g. ACC 3 and ACC 38 • Re using data we hold to save employers repeating information Reducing administration and compliance costs for weekly compensation requests • Employer Reimbursement Agreement process review to streamline and improve timeliness • Reviewing the use of a Employer Reimbursement Calculator to enable employers to calculate their own reimbursements • Trial to commence with some employers Thank you