Australian Serious Comp Claim Costs Rose 30 Percent in 2016

The newly released statistics for 2015-2016 show that the median paid for a serious claim, adjusted for inflation, was up 30 percent to $6,800 and the median amount of time lost was up 33 percent to 5.6 weeks.

Safe Work Australia has released 2015-2016 workers' compensation statistics, and they show that the median paid for a serious claim, adjusted for inflation, was up 30 percent from the previous year to $6,800 while the median amount of time lost was up 33 percent to 5.6 weeks. There were 104,770 serious comp claims during the 2015-2016 year.

The three occupations with the highest rates of serious claims were laborers, machinery drivers and operators, and community and personal service workers, while agriculture/forestry/fishing, manufacturing, and construction were the industries with the highest rates.

Fifteen percent of all serious claims came from workers in health care and social assistance; 12 percent came from manufacturing workers and another 12 percent from construction workers. No other industry represented more than 9 percent.

Generally, older workers recorded the highest incidence rates, according to the report. Those age 55-59 had a rate of 12.5 serious claims per 1,000 employees, followed by those age 50-54 with a rate of 12.1.

The report shows that the total number of serious claims has declined by 17 percent from 2000-2001 to 2015-2016, although total hours worked increased by 30 percent and total employment rose by 34 percent during the same period.

Download Center

HTML - No Current Item Deck
  • Free Safety Management Software Demo

    IndustrySafe Safety Management Software helps organizations to improve safety by providing a comprehensive toolset of software modules to help businesses identify trouble spots; reduce claims, lost days, OSHA fines; and more.

  • Complete Online Safety Training Courses

    Deliver state-of-the art, online safety training courses to your organization with IndustrySafe Training Management Software. Generate reports to track training compliance and automatically notify learners of upcoming or overdue classes.

  • Easy to Use Safety Inspection App

    Conduct inspections on the go with IndustrySafe’s mobile app. Complete safety audits at job sites and remote locations—with or without web access.

  • Track Key Safety Performance Indicators

    IndustrySafe’s Dashboard Module allows organizations to easily track safety KPIs and metrics. Gain increased visibility into your business’ operations and safety data.

  • Analyze Incident Data and Maintain OSHA Compliance

    Collect relevant incident data, analyze trends, and generate accurate regulatory reports, including OSHA 300, 300A, and 301 logs, through IndustrySafe’s extensive incident reporting and investigation module.

  • Industry Safe
comments powered by Disqus