The CTP insurance premium is made up of the CTP premium paid to the insurer (CTP Insurer Premium) for the Policy of Insurance, an Administration Fee to cover the cost of CTP Scheme services, Stamp Duty and GST.
The Administration Fee is determined by the Regulator when premium ranges are set for each financial year.
Administration Fees collected by the Regulator fund South Australian government services that support the CTP scheme.
From 1 July 2019, Administration Fees are paid to various government entities for the following services provided:
- Ambulance services – provided by SA Ambulance as a result of motor vehicle trauma.
- Blood sample testing – provided by Forensic Science SA on behalf of the
Attorney-General’s Department for blood and alcohol testing as a result of motor vehicle trauma.
- CTP scheme regulation and administration services – provided by the CTP Regulator for the CTP Scheme, and for the Motor Accident Injury Accreditation Scheme (which provides independent medical expert assessments).
- Customer support and transaction services – provided by the Department of Planning, Transport and Infrastructure associated with the collection, recording and processing of CTP insurance premiums.
- Hospital services – provided by the Department for Health and Wellbeing for motor vehicle trauma.
- Rescue and retrieval helicopter services – provided by the State Rescue Helicopter Service on behalf of the Attorney-General’s Department as a result of motor vehicle trauma.
- Road safety services – provided by South Australia Police to promote programs designed to reduce the incidence or impact of road accidents and injuries.
Administration fees are different across premium classes.