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ARTICLE · 19 JULY 2018

Reducing your Workers' Compensation Costs Through Appeals Makes Good Business Sense

The workers' compensation system in Canada is funded entirely through employer premium payments.

CanadaEmployment and HR

The workers' compensation system in Canada is funded entirely through employer premium payments. Monies paid into the system are used to pay the costs of compensation benefits to workers, as well as funding the operation of the system itself.

In addition to premium dollars, employers may experience increased costs depending on their claims experience. Generally, employers who have more claims and/or claims that have higher costs associated with them will pay additional monies to their respective compensation board in the form of increased premiums or premium surcharges. Because of this, it makes good business sense for employers to establish an effective health and safety management system to try to prevent work-related injuries and illnesses in the first place, and to actively manage claims should they occur. Effective management techniques can include engaging in timely and safe return to work and appealing adverse and questionable entitlement decisions.

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