✨ Accredited Employers Programme Framework
19 APRIL NEW ZEALAND GAZETTE 895
6. Premium
6.1 In return for the Accredited Employer undertaking to meet, during the Cover Period and any ensuing Claim Management Period, the obligations in paragraph 1.3 and the other obligations in the Contract for Partnership Discount and this Framework, the Accredited Employer is to be charged a reduced premium in relation to work-related personal injuries as set out in this paragraph.
6.2 The premium to be paid by the Accredited Employer under the Partnership Discount Plan, for periods subsequent to 31 March 2001, is to be calculated in accordance with the following formula:
P_PDP = LE x SPR x (100 - SMP / 100) x (100 + BHC / 100) x (100 - D_PDP / 100)
- LE x SPR x (PHC + A_AEP + F_ELC) / 100
Where:
P_PDP = Premium for the Partnership Discount Plan (expressed in dollars)
LE = Liable employee earnings for the relevant Accredited Employer (expressed in dollars)
SPR = Standard premium rate for the relevant Accredited Employer is set out from time to time, in regulations made under the Act (expressed in dollars per $100 of liable earnings)
SMP = Safety management practices discount for the relevant Accredited Employer as set out, from time to time, in the regulations, made under the Act (expressed as a percentage)
BHC = Bulk health costs calculated in accordance with paragraph 6.3 (expressed as a percentage)
PHC = Allowance for primary health costs incurred by the Manager calculated in accordance with paragraph 6.4 (expressed as a percentage)
A_AEP = Contribution to the administration cost to the Manager of the Accredited Employers Programme calculated in accordance with paragraph 6.5 (expressed as a percentage)
F_ELC = Amount for employer liability cap (if appropriate) calculated in accordance with paragraph 6.6 (expressed as a percentage)
D_PDP = Discount for the Partnership Discount Plan calculated in accordance with paragraph 6.7 (expressed as a percentage)
6.3 The Manager is to remain liable to meet bulk funded health costs including public health acute services and ambulance expenses. “BHC” is intended to meet the Accredited Employer’s contribution to such costs. “BHC” is to be fixed by the Manager from year to year based (to the extent reasonably practicable) on the following formula:
BHC = (LE / LE_T) x APR x C x (1 / 100)
Where (to the extent not defined in paragraph 6.2):
LE_T = Estimated total liable earnings across all employers
APR = Average premium rate for all employers
C = Estimated bulk health costs for the Cover Period.
The estimated figures are to be the subject of paragraph 21.
6.4 Although primary health costs incurred by employees as a result of work-related personal injuries are required to be met by the relevant individual Accredited Employer, it is recognised that there will, at times, be administrative difficulties of properly identifying:
- that the injury is a work-related one;
- which Accredited Employer is liable; and
- collecting the cost from the correct Accredited Employer.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 41
Gazette.govt.nz —
NZ Gazette 2000, No 41
✨ LLM interpretation of page content
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Framework for the Accredited Employers Programme
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👷 Labour & EmploymentAccredited Employers, Programme Framework, Labour, Employment, Injury Prevention, Rehabilitation, Work-Related Injuries, Statutory Entitlements, Accident Insurance Act 1998, Accreditation Agreement, Cover Period, Claims Processing, Employer Liability, Private Insurance, Delegations, Reporting, Monitoring, Audit, Premium Setting, Dispute Resolution, Premium Calculation, Standard Premium Rate, Safety Management Practices, Bulk Health Costs, Primary Health Costs, Administration Cost, Employer Liability Cap, Partnership Discount Plan