Experience Rating Revolution – Breakfast Briefing

IMPORTANT NOTICE: Breakfast and registration at 8 a.m. Program commences promptly at 8:30 a.m until 10:30 a.m. Parking included (register plate at program)

Description:

The wheels are in motion for the WSIB to completely overhaul the experience rating system in Ontario.  The Board is proposing to abandon the current system for premium setting, the current rate group structure and NEER/CAD-7 refunds and surcharges.  This is one of the most important changes made by the WSIB in decades and will impact every Schedule 1 employer in Ontario.  The new system may be in place as early as 2019.  This breakfast briefing will help position your organization to respond to these important changes.

You will learn:

• What the proposed new classification system will look like and how it will impact employers with multiple classifications
• How the WSIB determines how much of an employer’s own claims record will impact the employer’s premium rate
• How the proposed risk band system will work in practice
• The new graduated cost per claim limit
• The new 6 year experience rating window and how the weighting process for claims works in practice
• The murky future of SIEF and the treatment of fatality claims
• How the changes will impact claims management strategies and appeals
• A discussion of whether the changes will impact the Return to Work process

(Program and content are not legal advice.  Please contact our team to learn how we can help you meet your goals)