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Did your employee's IOD result in serious medical costs? Don't worry, COID can help

by , 22 December 2014
Let's say your employee has an accident with a pressing machine. It crushes part of his hand and breaks all the long bones in his arm.

To save his arm he needs an emergency operation and seven months of physiotherapy and rehabilitation.

All of this leaves him with medical expenses he doesn't even know how to pay for.

This is where COID comes in to give your employee a lifeline.

But you have to help your employee use this lifeline. Today I'm going to tell you what COID will do to help and what you must do so your employee can get this help...

*********** Hot off the press  ************
Do you know when to claim from COID? Shocking survey reveals 5 out of 7 managers don't! 

Here's what COID will do to help your employee with his medical expenses

The Compensation Fund has to pay all reasonable medical costs. But this is only for two years after the incident or diagnosis of the disease (COIDA Section 73 (1)). The Compensation Commissioner decides how much COID will pay for medical expenses (COIDA Section 4 (i)).
If the Commissioner thinks your employee needs more medical care to help him fully recover, he'll pay for this too. But he'll only do it for a limited period.
Just remember, if you pay for your employee's medical expenses, you can't deduct the cost on your employee's salaries or other benefits.  
You have to claim this money back from COID. To do this, send the Commissioner proof you covered the expenses. This includes the cost of transporting your employee to a hospital or to their home.
Make sure you keep all the receipts and account statement from your employee's medical expenses. But that's not all you have to do. 
Follow this process to make sure you or your employee get money from COID to cover the medical expenses.
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Three tips to get your employees to comply with health and safety laws
Employees think that safety is something 'management' must do. They're wrong. Employees also have duties to comply with the OHS Act.
It's your responsibility to make sure your employees comply. Don't know how to do it? 
Here's what you have to do to get COID to pay for your employee's medical expenses
First report the accident and injury as normal by submitting a W.CL.2. When you take your employee to the doctor, ask him to complete a W.CL.4 (medical report). It must give details of what treatment your employee needs. 
Send this to COID as well.
Every time you pay for your employee to go to the doctor, keep the account statement and send it to COID. 
If the doctor thinks your employee needs more medical treatment, he must filling in a W.CL.5. This is a medical progress report and it must contain all the details about what additional treatment the doctor thinks your employee needs. 
Send this to COID so the Commissioner can decide if your employee should get more compensation. 
Continue the process of sending in your account statements for as long as you keep paying for your employee's medical expenses. 
Now that you know how COID will help with your employee's medical expenses, make sure it pays you or your employee back.
Check out the COID Compliance Guide for more information on dealing with COID. 

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Did your employee's IOD result in serious medical costs? Don't worry, COID can help
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