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Thursday, 24 February 1977


Mr E G WHITLAM (WERRIWA, NEW SOUTH WALES) am asked the Minister, representing the Minister for Social Security, upon notice:

(1)   When will consolidated figures be available for (a) workers' compensation and (b) third party insurance premiums paid in 1975-76 (Question No. 1657 (2), Hansard, 9 December 1 976, page 3738).

(2)   What are the corresponding figures for 1974-75.

(3)   When will consolidated figures be available for (a) workers' compensation and (b) third party (i) benefits, (ii) legal expenses, (iii) hospital and medical expenses and (iv) administration expenses and commissions paid in 1975-76 (Question No. 1657 (4), Hansard, 9 December 1976, page 3738).

(4)   What are the corresponding figures for 1974-75.


Mr Hunt - The Minister for Social Security has provided the following answer to the honourable member's question.

(   1 ) I am advised that consolidated figures for (a) workers' compensation and (b) compulsory third party premiums are available from the Australian Bureau of Statistics Bulletin

General Insurance- Australia' and the Insurance Commissioner's Annual Report. The former publication, containing 1975-76 figures, will not be completed before May 1977 and the latter towards the end of the year.

(2)   According to the Insurance Commissioner's Second Annual Report premiums collected were:

(a)   $575,461,000

(b)   $306,356,000

I should point out that the Insurance Commissioner's Report indicates that the tables from which the figures are compiled contain information in respect of the financial years of organisations ending during the 1974-75 financial year.

(3)   National aggregates of benefits paid (including legal, hospital and medical costs) are available in the Insurance Commissioner's Annual Report; administration expenses and commissions are also available in that Report and in the Australian Bureau of Statistics Bulletin (see 1 ). Separate figures for legal expenses and hospital and medical expenses are not available and must be estimated. When these publications become available the estimates for 1975-76 prepared by the interdepartmental working parties will be reviewed by my Department in consultation with the appropriate State authorities who are currently responsible for the existing compensation systems.

(4)   According to the Insurance Commissioner's Second Annual Report benefits (including legal, hospital and medical costs) paid and administration expenses and commissions were:

 

If the ratios implicit in the working parties' estimates had applied for 1 974-75 the following costs would have arisen:

 

The legal costs do not include solicitor-client costs and no estimate of these costs has been attempted.







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