worksafe tag 4C
Definitions
6
Prepared by BIA, WorkSafeBC
Assessment Amount is the amount of assessment an employer will pay as a result of being assessed at the Net Rate (i.e. with consideration of the experience rating and/or transitioning).
Assessable Payroll is the payroll used by the WorkSafeBC in calculating the employer’s assessment. It is the sum of the year’s payroll for each employee, limited by the year’s Maximum Assessable Wage.
Claim Costs Paid is the total health care payments, short term disability (STD) payments, vocational rehabilitation payments, long term disability (LTD) reserves and one-time cash awards, and survivor benefit reserves and one-time cash awards charged in the year regardless of year of injury.
Classification Unit (CU) is the lowest level of industry grouping used by the WorkSafeBC.
Employers Count refers to the number of employers registered with the WorkSafeBC in the Classification Units indicated and reporting payroll in the year specified.
Ergonomic (MSI) or Musculoskeletal Injury refers to a combination of overexertion and repetitive motion accident types.
Fatal Claims are the number of claims accepted for survivor or fatal benefits.
Injury Rate is the number of Non-Health Care Only (Non-HCO) claims per 100 person years of employment (estimated FTEs).
LTD Claims are the claims for which a first long term disability (LTD) benefit was awarded in the year, regardless of the year of injury, where survivor benefits have not been awarded in any year.