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Information for self-insurers

Certain Commonwealth authorities and eligible private corporations may apply for a licence to self-insure under the Safety, Rehabilitation and Compensation Act 1988 (SRC Act).

Self-insurance provides a streamlined approach to the management of workers' compensation by allowing the company to operate under one piece of national legislation rather than multiple ones under each state jurisdiction.

For an overview of the SRC Act and Comcare scheme, visit the Comcare website and view the SRC Act and Comcare scheme overview e-guidance module.

Self-insurance regulatory framework

The Safety, Rehabilitation and Compensation Commission (Commission) monitors the compliance of licensees in accordance with the legislation and licence conditions. Comcare manages the licensing arrangements and reports to the Commission on licensee performance.

Licensees are regulated in accordance with the Licence Compliance and Performance Model (LCPM), which provides a framework that:

  • seeks to ensure compliance with licence conditions
  • focuses on licensee performance against set standards and measures in the areas of claims management, rehabilitation and prevention
  • is easy to understand and administer, and
  • focuses on a holistic, risk-based approach to performance evaluation.

New scheme participants (licensees in the first two years of licence) are classified as ‘developing/transitioning’. During the first two years, Comcare works closely with licensees to assist them to develop their management system capabilities.

After two years, and having reached a level of system maturity, licensees may move to the ‘established’ classification. Established licensees are required to demonstrate the maintenance of management systems and continue to meet the Commissions performance standards and measures. Depending on their performance, established licensees are generally afforded a reduced level of regulatory oversight.

LCPM regulatory framework

Licence Compliance and Performance Model

View the full Licence Compliance and Performance Model.

Page last updated: 23 Jan 2018