Workers' Compensation Premium Containment
The Canadian workers’ compensation (WC) system is entirely funded by employers. With some jurisdictional exceptions (e.g. self-insured government services), employers contribute to a WCB insurance fund, which provides wage-loss protection to injured workers. While the vast majority of employers require WC coverage and are assessed premiums, there are key cost savings strategies available to lower premiums that add bottom-line value.
In this white paper, Michael Moher provides a summary of some opportunities aligned to premium cost containment.