Client Alert: Amendments To The Workers Rehabilitation And Compensation Act 1988
From 1 January 2018 Tasmanian businesses insured under WorkCover Tasmania approved schemes will no longer be required to pay an excess when making a workers compensation claim.
The Workers Rehabilitation and Compensation Amendment Act 2017, removes the excess which is currently required under existing policies, and comprises the equivalent of the first week of the injured employee’s income, along with the first $200 of other benefits (such as medical costs).
Most licensed workers compensation insurers in Tasmania have indicated that existing policies will move to a nil excess from 1 January 2018, as is the case for any new policy effected after this date.
The amended legislation also brought about a number of other changes, which are outlined here.