Shorten’s former union rejects FSC move

FSC/insurance/life/risk/Bill-Shorten/

21 May 2018
| By Mike |
image
image
expand image

The Australian Workers Union – the union formerly led by Federal Opposition leader, Bill Shorten – has rejected allowing life/risk insurers to help get injured workers back on the job sooner.

The AWU has used a submission to the Parliamentary Joint Committee on Corporations and Financial Services to claim such a move may result in workers being discouraged from accessing the doctors and medical professionals of their choice.

“The AWU is deeply concerned that encouraging greater participation by private sector life insurers in worker rehabilitation will restrict the ability of an injured worker to exercise his or her basic right of choice of doctor/physician,” the submission said.

“The AWU notes that a number of large multinational businesses operating in Australia have established in-house rehabilitation frameworks that discourage workers from choosing a doctor or medical professional that a worker believes is best placed to treat them,” the submission said. “This is a troubling development.”

The submission said AWU members employed in large multinational businesses regularly reported being pressured to use the company’s doctors and in-house rehabilitation providers.

“Choice of doctor is an important human right and provides confidence to all patients, particularly workers who have been injured while at work. These workers should have the choice of who treats them,” it said.

“The AWU is yet to see any actual evidence that the non-choice model provides a better medical outcome for workers. Indeed, our members regularly report that this model results in a less-customised outcome for their rehabilitation.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 2 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks 1 day ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 2 days ago

TOP PERFORMING FUNDS