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WSIB 2017 | Premium rates reduction

Sarah Fuller

In 2017, there will be a 6.2 per cent reduction on the average premium rate for Schedule 1. 

This rate reduction represents a premium decrease from a Schedule 1 average rate of $2.59 on every $100 of insurable payroll in 2016 to an average of $2.43 in 2017. 

No rate groups will see an increase in their premium rates, with the exception of two affected by the new presumptive Post Traumatic Stress Disorder legislation- RG 845: Local Government Services and RG 590: Ambulance Services. 

See our 2017 premium rates.

Calculate your 2017 premium using our Premium Estimator.

Technical rate sessions for industry stakeholders will be held at select times during fall 2016. These sessions will include recommendations on how to improve premium rates, as well as relevant information on improving health and safety outcomes in the workplace. For more details on these sessions, please contact: technicalratesessions@wsib.on.ca

Original and rate chart: https://goo.gl/hJep69

January 27, 2017 @ 02:06 PM EST

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