The Q-Comp report on the Queensland workers compensation scheme for the year ending 2012 shows that the scheme is incredibly healthy.
Common law claims in 2009/2010 dropped by 9.6 per cent and a further 4.7 per cent on top of that in the 2011/2012 year. Numbers will likely drop again in 2012/2013 because of 2010 changes brought in by the government which reduced the viability of smaller claims and raised the bar in the level of culpability which needs to be proven to bring a successful common law claim.
As well, the damages payout for claims in the 2011/2012 year dropped 6.9 per cent. The icing on the cake is that the profit for Queensland WorkCover in the year ending 2011/2012 was in excess of 150 million.
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Queensland is envied as having the best and most profitable workers' compensation system in the country. It is hoped that common sense prevails and the scheme is left alone.
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