WSIB Live Education Session: Rate Framework Premium Rate Management

SEGA’s Fall 2025 WSIB Live Education Session: Rate Framework Premium Rate Management

For lower WSIB Premiums tomorrow you need to improve your performance yesterday

The Rate Framework model may be a PROSPECTIVE experience rating system, but it uses past year claims cost data to determine your premium rate. The great work your company is doing today benefits 2027.

To lower your premium rate in 2025 your company needs COST RELIEF on claims from 2018-2023, and lowering your 2025 will also help lower your 2027 rate as well!

AGENDA

 How claims costs are charged to your account and how these costs affect your premium rate directly for 6 years and indirectly indefinitely

 Why your company receives both an ANNUAL statement and an UPDATED statement from the WSIB  Identifying how new WSIB Premium Rate Extended and Claims Detail statements reveal trends

 Are our claims management practices from NEER still cost-effective?

 How SIEF Cost Relief impacts future premiums

• How does a cost relief decision impact our rate?
  • Retroactively
  • Current Year
  • Retrospectively
• Is there an ROI for using a Third Party Advisor

It is critical to bring your 2025 Premium Rate Extended and Claims Detail statements to this session We strongly recommend participation in this event as the 2026 annual statements will be issued by the WSIB very close to the date of these sessions Note: Registration is limited to 25 attendees per session.

Refreshments will be served.