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Icare may have breached legislative requirements, schemes overcharged : Auditor-General
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Icare may have breached legislative requirements, schemes overcharged : Auditor-General
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State insurer icare may have breached legislation by funding 80 per cent of its indirect operating costs with money from its scheme that is designed to pay benefits to injured workers.
NSW Auditor-General Margaret Crawford made the finding in her final report on the government s central agencies, which revealed icare s three biggest insurance schemes were all collectively in the red by $740 million at June 30.
NSW Treasurer Dominic Perrottet said the government will move to adopt all recommendations from an ongoing statutory review into icare. ....

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