2020 Premium rates: Class N2 - Nursing and residential care facilities

Number of
businesses
Percentage of
all Schedule 1
businesses
Percentage of all
Schedule 1 insurable
earnings
(2018)
Percentage of
class at or below
class rate
(2020)
Percentage of
class above class
rate (2020)
Percentage of class
projected below or at
class rate
Percentage of
class projected
above class rate
869 <1% 2% 32% 68% 32% 68%
Class N2 - Nursing and residential care facilities Number of
businesses
Percentage of
businesses in
the class
Percentage of class
insurable earnings
(2018)
Percentage of
businesses at or below the class rate (2020)
Percentage of
businesses above
class rate (2020)
Percentage of
businesses projected
below or at class rate

Percentage of
businesses

projected
above class rate

Community care facilities for the elderly (6233) 300 35% 9% 79% 21% 78% 22%
Nursing care facilities (6231) 332 38% 69% 8% 92% 8% 92%
Other residential care facilities (6239) 76 9% 4% 11% 89% 11% 89%
Residential developmental handicap, mental health and substance abuse facilities (6232) 161 19% 18% 9% 91% 9% 91%