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SA keeps its workers’ comp premium rate low

ReturnToWorkSA Chairman Jane Yuile has announced the organisation will keep its premium rates at 1.95% for 2016/17.

“The ReturnToWorkSA Board has reviewed progress with the return to work scheme and is pleased with the improvements in customer service and the current financial performance,” she said.

In 2015 the board reduced the average premium rate from 2.75% to 1.95% of employer remuneration.

Ms Yuile says the board has decided to retain the lower rate because the financial performance of the scheme remains on track.