WCB’s 2016 Rate Model Review & Recommendations 2017-06-20T16:46:25+00:00

Changes to the WCB’s Rate Model will impact the premiums employers pay in 2018

Beginning in the 2018 premium year, the WCB will adopt enhancements to its Rate Model based on recommendations that came from an external actuary’s (Eckler) review in 2016.

Impact to premiums employers pay
Implementing the enhancements to the model will result in changes to some premium rates. Many employers’ rates will not be affected, some will decrease and some rate codes will increase. Understand the impact to your rate code by viewing the recorded Industry session associated with your rate code.

When will the enhanced model be implemented?
After considering the feedback received from employers following 16 Industry information sessions in February and March of 2017, the Board approved full transition to the enhanced Rate Model in 2018.

The WCB Board’s decision:
To help mitigate the impact for the first year (2018 only) for employers whose rate codes are increasing, the Board will draw from the Injury Fund to cover additional costs associated with the transition to the enhanced model. This will be for 2018 only. After 2018, employer premiums will be based on their claims experience as determined under the enhanced model.

Province-wide education sessions
The WCB Board and Executive conducted a series of province-wide education sessions in the fall of 2016 to share the changes to the Rate Model. View the Education Session recording.

Then in February and March of 2017, they conducted 16 industry-specific sessions outlining what the impact might be in 2018 when the rate model is adopted based on data available at that time.  Recordings are available for all sessions. See links below. The Board then asked customers for feedback on how the transition to the revised model should be implemented. This led to the Board’s decision to fully implement the new model in 2018 and cover the impact for employers whose rates are going up as a result of the new model implementation in 2018 (for the first year only).

To learn more
Customers can learn the potential impact to industry rate codes. To learn more about how the enhanced Rate Model impacts on premium rates, view the recorded education and rate model sessions conducted in 2016 and February and March of 2017. These sessions provide information on the impact to 2017 rates had the Board implemented the enhancements for the 2017 premium year. These are not 2018 rates but may provide a proxy for actual rates in 2018.

Registration closed

Webinars available for all sessions. See registration page.


We want to hear from employers on how you want to transition to the enhanced rate model.

The WCB is seeking employers’ input on how the transition to the enhanced model will take place. Please have your say and add your comments. Feedback submission closed Friday, 7th of April.

Employer Feedback

Missed your rate code information session? Click below to view all recorded sessions:

Be sure to have your industry’s rate code to help you find the right presentation to view.

Commodities: Monday, February 27 at 8:00 a.m.

Agriculture: Monday, February 27 at 11:00 a.m.

Service: Monday, February 27 at 2:00 p.m.

Municipalities: Tuesday, February 28 at 8:00 a.m.

Health Care: Tuesday, February 28 at 11:00 a.m.

Automotive: Tuesday, February 28 at 2:00 p.m.

Oil & Gas: Wednesday, March 1 at 8:00 a.m.

Government & Crowns: Wednesday, March 1 at 11:00 a.m.

Education: Wednesday, March 1 at 2:00 p.m.

Offices: Thursday, March 2 at 8:00 a.m.

Construction: Tuesday, March 7 at 8:00 a.m.

Mining: Tuesday, March 7 at 11:00 a.m.

Food Processing: Tuesday, March 7 at 2:00 p.m.

Manufacturing: Wednesday, March 8 at 8:00 a.m.

Transportation: Wednesday, March 8 at 11:00 a.m.

Service & Hospitality: Wednesday, March 8 at 2:00 p.m.

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Need help finding your company's Rate Code?

Check out our Rate Code break down page to find out what your rate code is and the current premiums you pay.
The WCB uses its rate model to determine the revenue required in the coming year to cover the expected future cost of all injuries occurring in the year as well as its expected administrative costs. The WCB has been using its current rate setting model since 1998.

The current rate setting model considers an industry’s historical claim costs, payroll and time loss frequency trends to project all costs tied to next year’s expected time loss claims. It then calculates the revenue required to fund these projected claims’ costs 50 years into the future. Policy 05/2015 of the WCB outlines the actuarial based model used to set annual industry premium rates. While some modifications have been made to this model in the past, the main components have essentially been in place for nearly 20 years.

Following the 2015 Asset Liability Study (conducted by independent actuary, Eckler), a recommendation was made to review the WCB’s rate model.

In 2016, Eckler analyzed the WCB’s Rate Model, in particular the calculations done for the determination of premium rates, obtained detailed information on employers’ payrolls, classification and claim costs, performed various calculations and tests, and reviewed the rate setting models in place in several other Canadian workers’ compensation boards.

In September, Eckler released their Rate Model Review report outlining their recommendations for the WCB’s rate model. Their report outlines the 11 recommendations from the rate model review.

In 2016 the WCB began public education sessions to educate employers on the Rate Model Review.

The Rate Model education sessions were held around the province and conducted by WCB executives. Employers and the public had an opportunity to understand the importance of the Rate Model Review, ask questions and learn about the potential impacts as well as learn about upcoming industry-specific sessions in February and March of 2017. Employers are urged to attend the upcoming Industry-Specific sessions in Regina and Saskatoon on February 27- March 8. Register here. (Webinars available for all sessions. See registration page.)

Thank you to all who participated in the Rate Model Review sessions throughout the province. We appreciated your attendance and feedback.

The WCB conducted six education sessions in four locations around the province to educate employers and the public about the recommendations that have come from the Rate Model Review.

City Date
North Battleford Cancelled due to lack of registrations
Saskatoon* Wednesday, Nov 23
Prince Albert Thursday, Nov 24
Regina* Tuesday, Dec 6
Yorkton Wednesday, Dec 7
Swift Current Cancelled due to lack of registrations

Download Presentation
Current Rate vs. Enhanced Rate Chart

About Eckler:
Eckler is one of Canada’s first actuarial consulting firms dating back to 1927, with offices located in major centres across Canada and the Caribbean. Over the years, the firm has evolved from a strictly actuarial firm to a fully integrated consulting practice spanning the full range of actuarial and related services, including financial services, pensions and benefits, investment, communications, and technology consulting. In addition, Eckler is a recognized expert in workers’ compensation in Canada.

As a Canadian independently owned and operated business, their advice is impartial and clients’ needs always come first. Eckler’s mission is simple: to consistently render informed, expert and timely advice and be recognized as the best in terms of service excellence, value and innovation.

Sask WCB’s Project Leader & Consulting Actuary Richard Larouche FCIA, FSA EcklerPrincipal

Previous Workers’ Compensation Board experience:

  • Alberta
  • Ontario
  • PEI
  • Quebec
  • Manitoba

Richard Larouche is a five-year member of the Workers’ Compensation Committee of the Canadian Institute of Actuaries and acted as Chair for three years

Classification premium rates
2017 Rate Codes