The Workers Compensation Board (WCB) has the authority under The Workers Compensation Act (the Act) to assess and collect from employers the revenue required to fund the workers compensation system. Section 73 of the Act groups covered employers into five classes for assessment purposes.
The rate-setting model described in this policy is used to calculate assessment rates for Class E employers (employers). These assessment rates are then used to determine the amount that will be collected from each employer in order to fund the costs of the workers compensation system. The purpose of this policy is to define the goals and the framework of the rate-setting model.
Body text lorem ipsum dolor ipsum dolor sit sit possimus amet, consectetur adipisicing elit. Itaque, placeat, explicabo, veniam quos aperiam molestias eriam molestias molestiae suscipit ipsum enim quasi sit possimus quod atque nobis voluptas earum odit accusamus quibusdam. Body text lorem ipsum dolor ipsum dolor sit sit possimus amet.Body text lorem ipsum dolor ipsum dolor sit sit possimus amet, consectetur adipisicing elit. Itaque, placeat, explicabo, veniam quos aperiam molestias eriam molestias molestiae suscipit ipsum enim quasi sit possimus quod atque nobis voluptas earum odit accusamus quibusdam. Body text lorem ipsum dolor ipsum dolor sit sit possimus amet.Body text lorem ipsum dolor ipsum dolor sit sit possimus amet, consectetur adipisicing elit. Itaque, placeat, explicabo, veniam quos aperiam molestias eriam molestias molestiae suscipit ipsum enim quasi sit possimus quod atque nobis voluptas earum odit accusamus quibusdam. Body text lorem ipsum dolor ipsum dolor sit sit possimus amet.Body text lorem ipsum dolor ipsum dolor sit sit possimus amet, consectetur adipisicing elit. Itaque, placeat, explicabo, veniam quos aperiam molestias eriam molestias molestiae suscipit ipsum enim quasi sit possimus quod atque nobis voluptas earum odit accusamus quibusdam. Body text lorem ipsum dolor ipsum dolor sit sit possimus amet.Body text lorem ipsum dolor ipsum dolor sit sit possimus amet, consectetur adipisicing elit. Itaque, placeat, explicabo, veniam quos aperiam molestias eriam molestias molestiae suscipit ipsum enim quasi sit possimus quod atque nobis voluptas earum odit accusamus quibusdam. Body text lorem ipsum dolor ipsum dolor sit sit possimus amet.Body text lorem ipsum dolor ipsum dolor sit sit possimus amet, consectetur adipisicing elit. Itaque, placeat, explicabo, veniam quos aperiam molestias eriam molestias molestiae suscipit ipsum enim quasi sit possimus quod atque nobis voluptas earum odit accusamus quibusdam. Body text lorem ipsum dolor ipsum dolor sit sit possimus amet.