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WSIB Coverage Economist Report – 2019

A study was complied by Perspicacity Intelligence & Analytics to review they impacts of WSIA coverage expansion in Ontario. Roughly 24% of workers in Ontario are not covered by WSIB. That leaves approximately 1, 678,000 workers in Ontario with no protection in the event of a workplace illness or injury. If expansion of WSIB coverage occurred in Ontario, nearly 1.7 million workers would be covered, which would add $59.2 million towards WSIB legislative requirements and $162.6 million to WSIB administration overhead.

Coverage expansion could also result in savings to health care (OHIP) costs of the tax-paying pubic. This could mean a $128.5 million offset for OHIP cost relief – OHIP costs would be paid by WSIB as part of the employer assessments resulting in tax relief.

To read the full economist report, click on the link below.