5.8 WorkCover
Under the Accident Compensation Act 1985, organisations with a rateable remuneration level in excess of $7,500 are required to have a WorkCover policy with a VWA authorised agent (insurer). A list of agents is available from the VWA.
The organisation's obligations under the Act, and associated accident compensation legislation, extend to the:
- payment of WorkCover premium by employers
- registration of work sites
- management of claims, and
- payment of compensation and assistance with rehabilitation and return to work for employees injured in the course of their work.
Guidelines for implementing WorkCover obligations are available from the VWA and authorised WorkCover agents. The VWA contact phone number is 03 9641 1444.
Note: An organisation's employees are not covered by the department's WorkCover policy.
Premium discount
The Victorian WorkCover Authority may offer a discount to some organisations where the WorkCover premium is paid as a lump sum instead of by instalments. Details of the discount offered may vary from year to year. The department may advance service agreement funding to facilitate an organisation accessing the WorkCover discount. Requests for adjustments to funding cash flow should be directed to the organisation's departmental contact.