Why must small business register for COIDA?

December 22, 2024 SAPAC Reporter

Why must my business register for Workers Compensation COIDA

Why Contractors in South Africa Must Register for Workers' Compensation

All employers in South Africa, including professional firms and contractors, are legally obligated to register for workers' compensation under the Compensation for Occupational Injuries and Diseases Act (COIDA). Failure to do so is a criminal offense.

What is COIDA?

COIDA is a South African law designed to provide financial compensation to employees who suffer work-related injuries or illnesses. This includes accidents, occupational diseases, and fatalities.

Why Register for Workers' Compensation?

By registering for workers' compensation, professional firms including contractors protect themselves from potential legal liabilities and financial burdens. It ensures that employees or their dependents receive appropriate compensation in the event of a work-related incident or fatal accident.

Choosing a Workers' Compensation Insurer

South African Professionals and Contractor collective ("SAPAC") also known as the "original collective". Has collectively with its stakeholder more than 750 years experience together. This means that the professionals and contractors that forms part of South African Professionals and Contractor collective ("SAPAC") that are relevant stakeholders. Understand the various requirements and what in effect works for them. Some of them are involved with the development of certain aspects of various SANS.

South African Professionals and Contractor collective ("SAPAC") therefore provides with its many benefits to all its stakeholders. Workers compensation through a reputable COIDA licensed entity.

Simply put we know what works, we know your needs and we do not sugarcoat facts. We also understand the various dilemmas you are faced and we are actively working on issues. And yes we speak Contracting language better than any one else.

You therefore require a solution that is operable and that provides you peace of mind. This is where SAPAC excels.

You require proven solutions such as:

1. Income reimbursement at a rate of 75% as written within the COIDA legislation.

2. Unlimited medical cover, subject to COIDA tariffs, for accepted claims in line with your operational injuries on duty.

3. Pensions that will be paid for more serious injuries as per the COIDA legislation, as a lump sump or as a monthly pension.

4. Pensions that will be paid to a spouse (A father, mother or children) in the event of a fatal accident and death of an employee in your employment.

5. Funeral benefit paid, in the event of the death of an employee, ensuring they have a dignified burial.

Benefits of being a SAPAC Stakeholder

From inception and through the years it became apparent that Solutions towards the various disciplines is a necessity. And SAPAC always prevails in doing that which is hard and difficult but what is true, right and just.

Therefore no business or professional or contractor is just a number. This is set in stone and is reflected in the many professionals and contractors across South Africa that are known SAPAC Stakeholders. By becoming a SAPAC Stakeholder you get access to professional services. Further you have the opportunity to grow that which is important.

1. Through its associative industrial and commercial contacts you gain access to private healthcare for your injured employees. There is an extensive list of private hospitals that are available.

2. Case Managers that are referred to as MSO's these are case managers who will monitor treatment and ensure that all treatment received is in line with your employees injuries. Thus eliminating over servicing.

3. Administration performed through its commercial contact. All administration until finalization will be performed on the entire claim.

4. Online submission of claims documentation can be performed to help speed up processing through a dedicated portal.

5. Recovery costs from the road accident fund, for motor vehicle accident claims on the employers behalf can also be performed.

"SAPAC Stakeholders" obtain a full concierge list of services.

"SAPAC" is committed to helping all Businesses, Professional registered persons and professional contractors including all manufacturers and suppliers to improve their standing within the South African industry as a whole. And we have proven results.

Remember: Registering for workers' compensation is a legal requirement for all employers in South Africa. By taking proactive steps to comply with COIDA, you can protect your business and your employees.