Self Insurance Newsletter March 2011 – Retro-Paid Loss Premiums

  • Retro-Paid-Loss-Premiums

    WorkCover NSW has introduced a Retro-Paid Loss premium model for large employers (sometimes called a "burning cost" model) with South Australia, and other states, reportedly looking to follow suit. The retro-paid loss methodology provides large employees with an alternative to traditional Scheme insurance or self insurance.

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