Experience Rating will decide ACC payments

By: HR Systems NZ  05-Apr-2012

Date: 1 Aug 2011

Author: Brian Fallow

Topic: Health & Safety Legislation

Any sudden and dramatic change in a business's safety record would invite investigation and GPs would be reminded of the importance of correctly attributing claims.

For smaller firms - with an annual ACC bill below $10,000 - there will be a no-claims discount of 10 per cent if they generate no compensation claims. If they generate more than 70 days' compensation claims they will incur a 10 per cent loading on their levies. For those in between there is no change.

The information in this article was current at 27 Mar 2012

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