The Ontario Workplace Safety and Insurance Board (WSIB) is an organization within the Government of Ontario that manages the Workplace Safety and Insurance Act (WSIA) and its guidelines. The Board’s primary obligations are to promote safe workplaces, facilitate in bringing injured workers back into the workforce and compensate injured workers and their survivors. In Ontario, workplace safety and insurance benefits are available to employees of covered employers who have been injured on the job or have an illness or disease that is work related.
On May 23, 2019, the Government of Ontario announced that they would conduct an operational review of the WSIB. The review will provide more insight into the WSIB’s operations and how that compares to best practices in the insurance industry and other jurisdictions. The review will evaluate three main areas:
Financial oversight – Sustainability of the WSIB insurance fund and controls over it.
Administration – Effectiveness of the current WSIB governance and executive management structure.
Efficiency – Cost efficiency and effectives as it relates to the operations. This also includes comparisons to similar jurisdictions elsewhere as well as private sector insurers.
This review has been well received by Ontario employers covered by the WSIA as they have long believed the WSIB’s process to be less efficient and effective.
The anticipated completion date of the review is the end of 2019.
Learn more
For more details or greater insight into the WSIB review please visit their website:
https://www.ontario.ca/page/workplace-safety-and-insurance-board-operational-review
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