Dated at Wellington this 13th day of March 2001.
Minister for Accident
This note is
not part of the notice, but is intended to indicate its general effect.
This notice, which comes
into force on its notification in the Gazette, amends the Framework for the Accredited Employers Programme.
remove the bulk health costs component from paragraph 6.2 of the principal notice because the discount factor already adjusts for these costs:
correct paragraph 6.7 of the principal notice by moving the reference to primary health costs from step 2 to step
3 and correcting a reference to administrative costs:
correct incorrect cross-references to section 108 of the Accident Insurance Act 1998:
make it clear that the calculation of dollar amounts under the
principal notice excludes GST unless otherwise stated:
provide flexibility by reducing the minimum duration of the
initial Contract from 3 Cover Periods to 1 Cover Period and by allowing
an unlimited number of extensions of up to 3 Cover Periods on any
allow an employer to move from 1 Plan to another Plan or to
reduce the duration of a Contract:
provide a High Cost Claim Cover option that enables an employer
to purchase the right to seek reimbursement in the event that the
aggregated entitlement payments arising from a single catastrophic
event exceed the agreed level of excess ($250,000 or $500,000 or a
higher agreed amount).
Date of notification in Gazette: 22 March 2001.
This notice is administered by the Department