Rate Framework (Archived): Conclusion

Each of the reviews highlighted present stakeholders with a detailed understanding of why change is now required to the WSIB's classification structure, premium rate setting processes, and experience rating programs. Together, they provide a telling story of the challenges faced by employers and workers in understanding the complexity in today's environment, as well as the administration of a system that is fair, predictable and transparent.

With some employers paying too much and other employers paying too little, changes to the existing scheme are necessary in order for the WSIB to charge a fair premium to employers that reflects their accident costs.

As a result, a comprehensive remedy to address the issues highlighted above is required, leading to this engagement with stakeholders beginning with discussion on a proposed preliminary Rate Framework. Papers 3-5 seek to provide stakeholders with a workable solution to today's challenges.