Changes to Prescribed Amounts for Workers’ Compensation
Work Cover WA has now released the new Prescribed Amounts for workers’ compensation for the period 2017 – 2108.
What are Prescribed Amounts?
In each workers compensation claim there are limits to the amount an injured employee can claim for reasonable treatments required for a workers’ compensation injury.
These limits are set by WorkCover WA and are called ‘Prescribed Amounts’ which are basically the maximum amounts an injured employee can claim for medical treatments and weekly payments for loss of income.
The Prescribed Amount is indexed annually based on changes in the Wage Price Index. This financial year, 2017 – 2018, the Prescribed Amount has increased by 1.37% from $221,891.00 last year to $224,921.00 this year.
Below is a table which summarises the schedule of indexed entitlements – Schedule 1, Workers’ Compensation and Rehabilitation Act as at 1 July 2017, for this financial year. For the full schedule of ‘variations in Prescribed Amounts and other Workers’ Compensation Payments’ you can visit the WorkCover WA website.
If you have any questions relating to workers’ compensation insurance and/or if you need workers’ compensation insurance, feel free to give us a call at Coverforce Leed Insurance Brokers. Remember it’s better to be safe than sorry!
Maximum Entitlements – Schedule 1, Workers’ Compensation and Rehabilitation Act as at 1 July 2017
|Notional Residual Entitlement Amount||$308,339|
|Capped payment rate – Amount C||$2,647.30|
|Capped damages (16-29%),(15%-25%)||$472,337|
|Board & Lodging per day (Clause 15)||$151|
|Meals & Lodging per day (Clause 19)||$117|
|Wheeled chair or similar appliance||$11,697|
|Specialised Retraining Program||$168,691|