Rate consultation sessions
Our virtual rate consultation sessions, now completed, provided employers with an opportunity to learn more about WorkSafeBC’s assessment premium rates for 2022, and what they can do to reduce injuries, claim costs, and premium rate. A video of this year's session has been posted below.
WorkSafeBC announces 2022 rates
WorkSafeBC announces that the average base premium rate for 2022 is 1.55 percent of employers' assessable payroll, which has been maintained at the same level since 2018. Learn more.
- About the sessions
- Resources to help you reduce your premium
- Questions about the 2022 rates or the sessions?
- Resources
About the sessions
Our virtual rate consultation sessions were presented on a secure platform and open to employers across the province to attend.
The sessions included a 60-minute presentation, followed by a live question and answer period. Watch a video of this year's presentation.
The presentation topics included:
- The financial state of the workers’ compensation system
- Rate and classification changes
- How you, as an employer, can influence your rates through improved health and safety
Resources to help you reduce your premium
While your base premium rate is set using the historical costs of injuries for your industry, you have the opportunity to earn a discount for your business by reducing your claim costs.
We offer tools and expert advice on how to do this through injury prevention, workplace safety, and disability management and return-to-work programs for injured workers. For best practices in injury prevention and injury management that could help you lower your costs, visit our industry health and safety pages.
To learn more about what’s driving costs in your industry, browse our industry health and safety data.
Questions about the 2022 rates or the sessions?
- Send an email to Rate Consultation
- Write to us at PO Box 5350 Stn Terminal, Vancouver BC V6B 5L5
Resources
Classification and rate setting structure changes for 2022
Each year when we set premium rates for the next year, we review the way we classify firms and industries. We are proposing to merge or move the classification units listed in this document for 2022.
Changes to classification units for 2022
Each year when we set premium rates for the next year, we review and evaluate our classification units to ensure we continue to provide fair insurance rates. The classification units in this document represent...
WorkSafeBC Insurance: How Your Rates Are Set
This video will help you learn how we determine insurance rates. To find your classification unit, industry, or rate, visit our Find...