The Yukon Workers Compensation Health and Safety Board says its average assessment rates are currently subsidized due to its over-funded position. (Joel Krahn/Yukon News)

Yukon health and safety board increases assessment rates

Employers gradully paying more of full cost of workers’ comp rates

Sharon Nadeem

News Reporter

The Yukon Workers Compensation Health and Safety board announced an increase in average assessment rates of three per cent next year.

The increase will take the average assessment rate to $1.93 from the current rate of $1.87 per $100 of payroll, an increase of 6 cents. The actual cost of the compensation system is $2.30, but Yukon employers receive a rate subsidy.

“The rate subsidy is an effect of our over-funded position,” said board chair Mark Pike. “As we reduce that position, our funding policy requires that we increase the rates employers pay by reducing the subsidy.”

This is part of a multi-year plan to reduce the board’s overfunded position and ensure the actual cost of the compensation system is reflected in the rates paid by employers.

Kurt Dieckmann, the board’s chief executive officer, said that plan is expected to take roughly four years depending on market factors. When employers start paying the full cost of the compensation system, they will recognize the benefits of reducing job-related injuries and illnesses, he said.

Pike recognizes that the increase will have to be done gradually to not “shock the employers.”

“Our decision to increase the average assessment rate delivers on our steady promise to manage the worker’s compensation system responsibly and equitably,” he said.

As part of its efforts, the board has given around $40 million to Yukon employers in the form of rate subsidies and rebates, he said.

The board has not yet released industry-specific rates. Those are expected later this year. Industry-specific rates are heavily influenced by “injury cost experience,” meaning the number of injuries and high-cost injuries that occur in each sector. For example, child care and communication services paid an assement rate of $0.66 in 2017, while diamond drilling and long-haul trucking paid $7.94 in the same year.

Road building and construction have shown the most improvement in terms of safety at the worksite, Dieckmann said.

“It’s an area where we’ve they’ve seen the best results because they’ve adopted safety management systems,” he said.

Contact Sharon Nadeem at sharon.nadeem@yukon-news.com

Just Posted

Greyhound’s plans to axe B.C., Yukon bus routes get approved

Company says B.C. services have lost $70M over last decade

YG slow to reveal tender info for new public contracts

Work will be exempt from national free-trade rules

Plenty of Yukon talent in KIJHL playoffs

8 Yukoners playing on teams in the big dance

How suite it is: Whitehorse council mulls amendment to allow suites where they’re currently banned

Coun. Dan Boyd fears move a slippery slope to more affordable housing

No Resource Gateway construction work this season, YG says

‘We’re not as advanced as we would have liked to have been but we still are advancing’

Man who sexually abused girls a good candidate for treatment, eventual release, psychiatrist says

Dr. Shabreham Lohrasbe is an expert witness in the dangerous offender hearing for the man

Robots don’t rule over us yet, but they do sell lunch

Not everyone will be taken into the future, as Ilya Kabakov once said

YG seeks to ease neighbourhood concerns over housing first project

YG will consult more once design for downtown building is complete

Yukon skiers race to victory at Sima Cup

‘The snow conditions, the visibility and the grooming were out of the ordinary’

Cold weather hampers Babe Southwick Memorial Race

‘It was nice to see people out there because we didn’t expect as many volunteers to show up’

Yukon war memorial hidden in Vancouver

A dramatic and beautiful memorial to the fallen of World War I is not well known to Yukoners today

Of ravens, eagles, livers and lead

Environment Yukon’s animal health unit has been testing livers of scavenging birds since 2013

Most Read