Employers obligations include:
There are strict penalties for operating a business in the ACT without an appropriate level of workers’ compensation insurance. This means that an employer should be disclosing the correct information to ensure that the coverage provided is accurate to the number of employees AND the amount of wages being paid.
Penalties under the Workers Compensation Act 1951 (ACT) can also be imposed to a maximum of double the premium avoided over the last five years, on top of having to pay the insurance premium required to have been in place.
Workers compensation in the ACT is a privately underwritten and market driven scheme. Insurers apply to WorkSafe ACT to become ‘approved Insurers’ to offer workers compensation coverage in the ACT.
For a list of current approved insurers refer to the Workers Compensation Insurer Approval page.
Click here to view the WorkSafe ACT information and resources relating to Workers Compensation in the ACT.