Applying for self-insurance requires an extensive amount of planning and a systematic approach to improving WHS in the workplace. These improvements will include a large scale design to create a better Safety Management System developed in consultation with staff to make a system best suited to business needs.
What are we trying to achieve?
Moving to a self-insurance model would allow the University to invest the funds, otherwise spent on the Comcare premium, into work health and safety (WHS) prevention, rehabilitation, and early intervention initiatives designed to provide better recovery and rehabilitation services to get staff back to the workplace and deliver a dividend back to Colleges and Divisions in the form of reduced on cost charges for workers' compensation.
The project objectives are:
- achieve a self-insurance licence for workers' compensation insurance
- reduce statistics for key safety indicators such as Return to Work and Days Lost Due to Injury
- lower costs associated with workers' compensation
- increase effectiveness of injury management process and workers compensation claims management
- improve the University Safety Management System to meet the self-insurance audit tool requirements.
How will it improve our services?
This project will deliver these key benefits:
- creation of a safety culture where all staff are diligent about keeping ANU a safe place to work;
- improved safety performance resulting in direct financial benefits by way of premium reductions;
- closer and more productive relationships with injured workers;
- better understanding of the end to end claims process allowing for more efficient processes to be put in place to help injured workers;
- reduced indirect costs associated with injuries and time away from work.
This project will adopt a systems based approach in the structured development of the Safety Management System taking full account of existing systems and building safety into current business processes. Working in a consultative manner to enhance ownership of the system will ensure a smooth transition and integration of safety needs into the business operation of the University.
This will be achieved with multiple steps outlined below:
- Identifying the logistical steps, processes and controls needed to implement a self-insurance licence
- Develop an organisational communications strategy
- Analyse costs of current workers' compensation insurance coverage in comparison to cost of being self insured
- Financial viability assessment by an external actuary
- Identify, assess and report on key performance indicators for WHS
- Identify the needs of a claims management system based on options available under a self-insurance licence, including resources, IT Systems, and ongoing costs
- Implement changes to the WHS Management System to ensure its conformance and compliance with the National Audit Tool (NAT CTH)
- Implement changes to the Rehabilitation and Injury Management Systems to ensure conformance and compliance with their respective audit tools
- Analysis and recommendation of resource requirements
- Engaging an external consultant to assist in the preparation of the self-insurance application
- Applying for a self-insurance licence.
Have your say
Feedback from all staff of the University is highly encouraged and we support your participation. The formal consultation process will conclude on 15 September 2017. If you have any questions or comments to share email email@example.com
Visit the consultation page for more information on how to get involved.