Effective date: December 1, 2014
Application:
All new injury claims on or after the effective date.
Policy subject: Employer accounts – Claims costs adjustments and cost relief
Purpose:
To establish guidelines for the Occupational Disease Reserve.
Cost relief means the process of moving claims costs from an employer’s claim cost experience to a reserve (i.e., collective cost pool shared proportionally among all industry rate codes).
Conditions
Experience Rating
The Workers’ Compensation Act, 2013
2(1)(r)(iii), 2(1)(aa), 20, 145