The Accredited Employers Programme entitles you to downward levy adjustments, in exchange for taking responsibility for your employees’ work injury claims. Under the Programme, your existing levies can be adjusted by up to 90%. However, responsibilities include the delivery of all statutory entitlements, such as weekly compensation for lost earnings.
Any employer can apply for entry to the Accredited Employers Programme, although it is more suitable for large employers whose levies exceed $250,000 per year.
We are aligning our products to the new Act, which is effective from 4 April 2016.
Any changes are likely to be minimal and implemented later than the effective date of the new legislation. We will let you know when we finalise these.
Audit standards and guidelines
In the meantime, there are no changes to the audit standards and guidelines.
We will assess businesses health and safety management practices according to our current audit standards, while acknowledging any changes you have taken to meet the new legislation.
It is important to note that achieving the audit standards does not mean businesses are necessarily compliant with the new Health & Safety at Work Act. We encourage businesses to take appropriate action to meet the new legislation.
To learn more about the new Health and Safety at Work Act and your obligations, visit the WorkSafe New Zealand website or call WorkSafe on 0800 030 040.
If you join the Programme, and become an ‘accredited employer’, you effectively agree to act on behalf of ACC for your employees work-related injuries.
We review your participation in the Programme each year to ensure you continue to meet the Programme’s criteria.
There are two cover options to choose from – the Partnership Discount Plan, and the Full Self Cover Plan. Both options have an identical application and assessment process.
Partnership Discount Plan
If you join the Partnership Discount Plan, you assume responsibility for the management and costs of your employees’ work-related injuries and illnesses for a nominated claims management period.
At the end of the selected claims management period, if an injured employee is still receiving entitlements, financial and management responsibility for the claim will be transferred to ACC. Some residual liability may exist in respect of gradual process claims.
Full Self Cover Plan
If you join the Full Self Cover Plan, you assume responsibility for the management and costs of your employees’ work-related injuries and illnesses for the life of the claim, limited to the stop loss level you have chosen.
At the end of the selected claims management period, if an injured employee is still receiving entitlements, financial and management responsibility for the claim will be transferred to ACC at a calculated price.
High Cost Claim Cover
The Full Self Cover Plan gives you the option of choosing High Cost Claim Cover.
This additional cover allows you to limit your payments for claims arising from a single event.
You can select a High Cost Claim Cover excess level of $250,000, $500,000, $750,000, $1 million, $1.5 million, $2 million or $2.5 million per event.
If the accumulated claim payments resulting from a single event reach the nominated level, any further claim payments arising from the event will be reimbursed by ACC.
An event is a discrete and time-bound incident (excluding gradual process claims), which results in entitlements for one or more employees.
Stop loss limits
These limit your claims liability costs, protecting you against any unexpectedly high total injury costs incurred during a cover period.
They are compulsory for the Full Self Cover Plan, but optional for the Partnership Discount Plan.
You can choose a stop loss limit from a range between 160% and 250% of the ‘risk’.
You can get a rough indication of your potential savings under the Accredited Employers Programme, by using our ACC levy calculator.
In addition to the levy adjustments under each cover option, extra discounts may be calculated based on the result of your health and safety audit.
More accurate information is available from your ACC relationship manager.
Employers should be aware of all the implications of joining the Accredited Employers Programme.
As an example, if you join and one of your employees suffers a fatal or permanent disability injury, you could end up providing financial support to the claimant or their surviving dependants.
You would carry this responsibility for the period agreed to as part of your Accredited Employers Programme contract with ACC.
In addition to the levy savings you make by joining the Programme, you can have a direct input into managing the claim, and in reducing overall costs.
Both employers and employees benefit from effective injury prevention and management.
Well managed claims reduce work-related injury costs, including ACC levies, and promote the early and safe return to work of employees after an injury.
If you join the Accredited Employers Programme, you’re not on your own. ACC can help by providing:
- advice through your ACC relationship manager
- specialised Accredited Employers Programme information and support, including access to an e-learning training package
- injury prevention advice
- advice on rehabilitation management
- interpretation of legislation.
We will continue to provide associated services required by legislation, such as:
- disputes and complaints resolution and review
- assessment of lump sum compensation
- fraud management advice.
Find out about applying to join the Accredited Employers Programme and the criteria you’ll need to meet in order to be accepted.
Members of the Accredited Employers Programme can access ACC’s claims management resources through CHIPS.
You will need to enter the username password assigned to you when you joined the programme.
If you are unsure or experiencing any problems please email the Accredited Employers Programme team on AEPqueries@acc.co.nz.
Reviewed: 23 March 2016