Re: [ozmidwifery] Fw: PI Insurance - urgent - more interested midwives needed

[Andrea Bilcliff]

Title: Message

My understanding of the offer is quite basic and some will know much more than me and are better able to articulate it, but I'll give it a shot...   Anne O'Connor was very helpful and willing to answer all our questions at the meeting yesterday. What she couldn't, she was going to take back with her to find out for us. I'm sure if you contacted her she would be willing to answer any questions.   CA provide this service for all kinds of self-employed workers. The management fee covers as much or as little book-keeping as we desire. If we want them to take out super payments, child support payments, whatever, they will. If we don't, they wont. If we want them to do BAS statements etc, this is also included in the fee. If we want to continue doing our own book-keeping, this is fine also. Salary packaging was also mentioned for the hospital employed midwives - they will do this too.   They are aware that different midwives will charge different amounts for their services (as do other self-employed professionals). Some are paid in cash, some up-front, some in instalments, some after the birth. They have no interest in dictating what our charges or practice should be. Their concern is that we are registered as midwives. They are aware of the ACMI guidelines being just that...guidelines.   The non-negotiable aspects, as I understand it, are: -the depositing of funds into their account when an invoice is paid (we get the final payment into our account the following day) -the management fee of 5% -the PII & Public Liability fee of approx. 1% -the 20% flat tax rate (this is a minimum Govt requirement - you may pay more if you wish, or claim it back at the end of year if too much is paid)   It is extremely hard to keep everyone informed as not all midwives are members of the various email discussion groups, ACMI, ASIM or even their local groups such as MIPP & SAIMA. I know there are independently practising midwives here in Vic who are not MIPP members. They have that choice but how do we get the message out to them?   For now, it would be of benefit if all midwives interested in keeping up-to-date with the insurance offers joined the midwives insurance list http://au.groups.yahoo.com/group/Midwives_Insurance/   Hope this helps : ) Andrea Bilcliff