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Transition: Experience Rating

99/08/24-03

THE WORKERS' COMPENSATION BOARD OF BRITISH COLUMBIA

REVISED

RESOLUTION OF THE PANEL OF ADMINISTRATORS

Re: Transition: Experience Rating



WHEREAS:

Pursuant to Section 82 of the Workers Compensation Act, RSBC 1996, Chapter 492 and amendments thereto (the "Act"), the Panel of Administrators (the "Panel") must approve and superintend the policies and direction of the Workers’ Compensation Board (the "Board") including policies respecting compensation, assessment, rehabilitation and occupational safety and health and must:

82(A)(ii)   review and approve operating policies of the Board,
82(A)(iii)   approve operating and capital budgets of the Board,
82(A)(v)   approve major programs and expenditures,
82(A)(vi)   plan for the future of the Board,

AND WHEREAS:

Section 42 of the Act authorizes the Board to adopt a system of experience rating in order to establish differentials in the rates between the industries or plants within a class or subclass;

AND WHEREAS:

The Panel has approved an employer classification system and experience rating plan to take effect on January 1, 2000.

AND WHEREAS:

The Board will recalculate the experience rated assessment for all employers and independent operators as of January 1, 2000;

AND WHEREAS:

The Assessment Department has recommended that, in one situation, employers and independent operators should retain their current experience rated assessment after January 1, 2000;

THE PANEL OF ADMINISTRATORS RESOLVES THAT:

    1. The experience rating for employers and independent operators registered with the Board on January 1, 2000 will be calculated on data from claims that occurred in the years 1996, 1997 and 1998 using the experience rating plan described in Resolution #990824-02;
    2. Employers and independent operators who have not had claims in 1996, 1997 and 1998 will be given the greater of the discount under the new plan or the existing plan until such time as a claim involving wage loss occurs or the discount under the new plan is equal to or better than the discount under the old plan, whichever occurs first. When an employer or independent operator has a claim involving wage loss, their experience rating adjustment is to be calculated under the new plan from the time that the injury falls within the experience rating window.
    3. This resolution constitutes a policy decision of the Panel of Administrators.

DATED at Richmond, British Columbia, September 21, 1999.

  By the Workers' Compensation Board

  DON COTT, CHAIR
PANEL OF ADMINISTRATORS