WSIB Claims Management
- Have you had a recent accident?
- Are you on the Last Chance List for a Workwell Audit?
- Are you aware of the WSIB premium surcharges, penalties and fines?
- Has your company received a penalty related assessment from the WSIB?
- Do you receive rebates on your NEER statement or do you pay surcharges?
- Do you know that the premiums are going up 30% in 2007?
Most businesses in Ontario that employ workers (including family members and sub-contractors) must register with the WSIB within 10 days of hiring their first full or part-time worker. It's the law. WSIB insurance replaces lost earnings, covers health care cost resulting form work-related injuries and illnesses, and supports return to work. This is funded by industry-specific insurance premiums you pay monthly. Companies with the safest workplaces are rewarded by the WSIB through rebates and reduced premiums.
Unfortunately, many companies face the exact opposite situation; increased rates and surcharges. If this becomes a pattern the WSIB will perform a Workwell Audit. The financial costs of this audit can be devastating.
Increased rates and surcharges are based upon the number and frequency of accidents in the workplace. These surcharges and fines can be avoided by having an efficient and cost-effective Health & Safety Program.
Often companies and their employees are so busy with the day-to-day demands of their business that they do not have the time required to pro-actively implement programs to manage these risks. Or they may not be aware of the costs involved. Instead they just pay the increased premiums, surcharges and claim costs as they arise. Remember, premiums are going up 30% in 2007.
Safety Diligence helps these companies reduce their accidents, premiums and
surcharges by designing and helping implement a customized Modified Work Program
encouraging Early Return to Work for injured workers. The result is significant
cost-savings by drastically reducing the high WSIB administration costs associated
with each claim.
A very simple example:
A worker hurts his back and is off work for 3 weeks and the WSIB pays:
- $200 in healthcare costs (e.g. physiotherapy)
- $1800 (3 weeks wages at $600 per week)
- $2000 total
The employer will then have to pay the WSIB:
- $500 in healthcare costs (physiotherapy)
- $4500 (3 weeks wages)
- $500
If the same employee was encouraged and enabled to return to Modified Work
after only 1 week the company would save $3,000 of that $5,500.
Safety Diligence WSIB Claims Management:
- Training targeted at problem areas (accidents/incidents)
- Company-run Modified Work Program
- Supervisor training for timely implementation of Modified Work Program
- Annual audit of accidents/incidents (identify patterns and fix)
- On-going monitoring and administrative support of claims
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