Change is coming for Schedule 1 Employers who are insured under
the Workplace Safety and Insurance Act. The Workplace Safety and
Insurance Board ("WSIB") will implement the New Rate
Framework effective January 1, 2020. The WSIB has been in
communication with employers about where they will be placed in the
New Rate Framework and employers should familiarize themselves with
the program to be ready.
The New Rate Framework will replace the existing systems of MAP,
CAD-7 and NEER and move to a single rating system where employers
will pay prospective and fluctuating premium rates based on
claim experience. The final dates for each of MAP, CAD-7 and NEER
are:
- MAP: Final Statement to be issued in
December 2018 with a final rebate/surcharge in 2019