If your average performance premium (APP) is more than $30,000 (medium to large employers), you are considered an ‘experience-rated’ employer. For experience-rated employers, your premiums will be impacted by your claims performance. Claims costs impacting your premium include:

  • weekly compensation and provisional weekly compensation
  • permanent impairment
  • commutation payments
  • common law compensation, and
  • death benefits.

Employers with an APP less that $30,000, are considered small employers and premiums are not impacted by claims costs.

All employers obtain workers compensation insurance from icare. Refer to the icare website for more information on how your premiums are calculated.