[Article] GAA introduces ‘claims loading’ for injury fund

munchkin_utd

strange nobody picked up on it seeing as a couple of weeks back someone was complaining about the costs of registering a team, but it seems the injury fund is up for a bit of a revamp, with some units (is it individual clubs, or entire counties) seeing a 100% increase in contributions to the fund, if I understand it correctly.

GAA introduces ‘claims loading’ for injury fund

The GAA has introduced “claims loading” for its injury fund as a result of reviewing the insurance claims made by units of the association, such as clubs and counties, over the past three seasons.

While subscription rates for U21 teams have dropped from €450 to €200 per team and the old injury fund reward rebate will be replaced with a claims discount for eligible units, there will be keen interest on the three claims loading bands that are proposed, given that it is based on the GAA’s examination of subscriptions paid and the nature of the claims made on the fund.

It is understood that units in Band 1 will have a 10% load applied to total team subscriptions due and this will be displayed on the invoice when registration is completed.

Units in Band 2 will have a 50% load applied to total team subscriptions due, to be displayed on the invoice when registration is completed, while those units in Band 3 will have a 100% load applied to total team subscriptions due.

Units that do not meet the criteria to qualify for the discount or whose claims experience does not warrant the application of a claims loading will not see any change to subscription rates, with the exception of the reduced U21 team rate if applicable.

The discount or loading has been calculated based on a review of three years of data across each unit of team subscriptions paid into the fund against claims payments drawn from the fund.

Other terms and conditions of the fund remain unchanged <snip>

http://www.irishexaminer.com/sport/gaa/gaa-introduces-claims-loading-for-injury-fund-438975.html

Before anyone goes ballistic on the matter, its maybe missed sometimes that the player "insurance" is not actually insurance at all but is no more than a pot of cash that everyone puts their money into, and injured players get paid out of, so this seems to be a way of making those who benefit most from the fund pay more into it. There's no nasty evil commercial insurance company there looking to make a profit off the back of players or GAA clubs.

I'm sure it'll be clearer over the next few weeks how it affects various counties or clubs, but the only info so far is the article in the Examiner above.

For clubs abroad it has no effect as they are excluded from part taking in the scheme, but thats aside the point I suppose.