Blog

Categories

Archives

Subscribe

No Time Loss (NTL) Claims Cost Threshold Increase 2019

Posted in: Claims Costs | Posted by braveadmin on January 15, 2019

Earlier this month, the WCB Alberta announced an increase to the cost threshold used to exclude No Time Loss (NTL) claims from the experience rating calculations that establish WCB premiums. The threshold is subject to annual review and although cost threshold increases are not usually a benefit to employers, an increase to the NTL claims cost threshold is. For claims occurring in 2019, the threshold will increase from $1,400 to $1,500. Claims occurring in 2019 will first be used for experience rating calculations in 2021. For NTL claims occurring in 2017 and 2018, the threshold is $1,400. For claims occurring in 2016, the threshold is $1,300. For claims occurring in 2015 and prior years, the threshold used is $1,000. What is an NTL claim? The WCB Alberta defines an NTL claim as a situation where, following a work-related accident, an injured worker returns to regular duties without losing time from […]

10 Things to Check on Your 2019 WCB Premium Rate Statement

Posted in: News & Announcements,WCB Premium Reduction | Posted by braveadmin on January 8, 2019

If you haven’t seen it already, your 2019 Premium Rate Statement should be available shortly. This statement not only advises you of the WCB Premium rate you have been assessed at for the coming year but provides you with the information used to calculate your rate. According to current information, the average WCB 2019 premium rate in has gone down in Saskatchewan, increased in Alberta and remained the same in Manitoba and British Columbia, as compared to the 2018 levels. The rate-setting process is complex and even the smallest change in the data used can have a significant impact on the number of premiums you pay. It is important to consider the following questions while reviewing your statement: Is your company name/address correct? Have your operations or business changed? Are you classified in the most appropriate Industry? Has your industry code changed? Are you being assessed a surcharge? For Alberta […]

Worried About WCB claims? Here’s What Every Employer Should Know

Posted in: Worker's Compensation Board,workplace wellness | Posted by Rebecca Ingram on December 11, 2018

Alberta is facing hard times. The Alberta Government has just announced cuts to oil patch production starting in the New Year and there are talks of an economic and financial crisis facing the province as a whole. The fallout of this development will not only be realized potentially through layoffs and downsizing within the oil and gas sector, but the ripple effect may be felt throughout the rest of the economy as well. There has been a longstanding correlation between a downturn in the economy and the rise in Workers’ Compensation (WCB) claims. Now is the time for Alberta employers to take action and reduce their risk of fraudulent and opportunistic claims. Not only to prevent WCB claims but also to reduce the overall risks your workers might face. Here are 3 preventative measures employers can take to try to minimize claims: 1) Be hypervigilant about safety in the workplace, […]

Managing Claims Costs

Posted in: Claims Costs | Posted by Rebecca Ingram on November 20, 2018

With all the recent legislative changes in Alberta, both federally and provincially, involving workers’ compensation, occupational health and safety, cannabis, and more, it is no wonder employers find it challenging to adapt and adjust to new standards while continuing to be operational. Economic, environmental, legal, and legislative developments define our everyday working world. Navigating this ever-changing landscape can be overwhelming. Identifying and addressing the areas that you have control over can be far more productive than worrying about the things you don’t as an employer. For most employers, work-related injuries and illnesses are a harsh reality of doing business and not just from a productivity perspective. From a financial perspective as well. Disruption of operations is not the only ramification of an on-the-job accident or incident. The cost of every Workers’ Compensation Board (WCB) claim can negatively affect a company’s WCB premium rate. Workers’ compensation premiums are an unavoidable operational […]

Canada has Legalized Cannabis with Bill C45—Here’s What it Means for Employers.

Posted in: WCB Law | Posted by Rebecca Ingram on October 17, 2018

In a historic vote on June 19th, 2018, the Canadian Parliament changed Canadian law to lift the 95-year-old prohibition on recreational cannabis. Whether you agree with the legalization of marijuana or not, the reality cannot be ignored, nor can the influence this may have on the workplace. What Governments Are Doing: The Cannabis Act requires all Canadian provinces and territories to develop their own regulatory system to support the pending legislation. Earlier this year the Alberta Cannabis Framework was unveiled by the provincial government, setting the stage for the legal and responsible use of marijuana by Albertans. The draft addressed issues such as the minimum age limit, buying, selling, growing, possessing, consuming and advertising of cannabis, as well as driving impairment and workplace impairment, which continues to be a work in progress. In Alberta, the government says it will review occupational health and safety regulations before July 2018; engaging with […]

Top