2017 Average Assessment Rate
The average assessment rate for New Brunswick employers in 2017
will increase from $1.11 per $100 of payroll to $1.48 per $100 of
payroll. This is the first increase since 2010.
Read more about the 2017 average assessment rate.
WorkSafeNB announces increase in average assessment rate for
Stakeholder Presentation 2017 Assessment Rates
Policy: Setting Basic Assessment
Report: 2017 Assessment
Tables: 2017 Industry
Video: How rates are
FAQ: 2017 Average Assessment Rate
What is the 2017 average assessment rate?
The 2017 average rate has been set
at $1.48 per $100 of payroll. This represents a 33% increase
over the 2016 rate of $1.11. This is the first rate increase
since 2010. Over the last six years, the average rate has
declined from $2.08 in 2010 to $1.11 in 2016.
How does the rate increase break down?
- $0.20 – When WorkSafeNB’s funding position is above the board’s
target of 110%, policy directs us to reduce funding levels by
lowering assessment rates. In previous years, New Brunswick
employers received a significant reduction in assessment rates. The
2016 rate contained a $0.43 reduction. The 2017 rate will contain a
smaller reduction of $0.23 due to our declining funding
- $0.08 – In 2016, changes to benefits have increased the
estimated revenue required. Several decisions by the Workers’
Compensation Appeals Tribunal (WCAT), which the province enacted on
April 1, 2015, impacted WorkSafeNB’s 2017 liabilities by an
estimated $87 million. Amortizing that amount over eight years (as
per policy) adds $0.12 to the rate to provide these benefit changes
to existing clients. However, some of these changes, amounting to
$0.07 on the rate, were accounted for in the 2016 rate reduction
outlined in the bullet above. A further $0.03 is added to provide
these benefit changes to future clients. (See
Power Point: Stakeholder Presentation 2017 Assessment Rates for
a breakdown of the 2016 benefit changes.)
- $0.09 – The board of directors has approved increases in the
cost of benefits over and above the WCAT decisions and
administration costs, as well as a new initiative to improve
How does the rate compare across the country?
For the last few years, New
Brunswick’s 14,400 employers have experienced the second lowest
average assessment rate in Canada – and the lowest in Atlantic
Canada – in part because of declining claim costs and a strong
funded position. With the increase for 2017, the average assessment
rate is expected to be below the median when compared to other
provinces, and remain the lowest in Atlantic Canada.
Do all industries pay assessments at the average rate?
No – all employers are assigned a
basic rate based on their rate group classification.
First, employers who register for
coverage with WorkSafeNB are assigned to one of 789 industries
based on their primary business activity. Industries involved in
similar activities and expected to have similar cost experience are
then combined into one of 75 industry groups. Finally,
industry groups with similar claim cost profiles are combined to
one of 19 different rate groups. Rates range from $0.30 to
Why were some industry groups moved to a different rate
WorkSafeNB monitors industries and
industry groups every year to ensure that their claim cost profile
continues to match the profile of their group.
Because some industries’ claim cost
profiles were significantly higher than the average of their former
group over a number of years, they were moved to a higher one. Most
of these industries will see a 2017 basic rate increase of 53%,
based on the 33% increase in the average assessment rate plus the
annual transition limit of 20%.
Other industries were moved to a
lower rate group because their claim cost profile was significantly
lower than the average of their former group over a number of
years. Most of these industries will see a 2017 basic rate
increase of 13%, based on the 33% increase in the average
assessment rate minus the annual transition limit of 20%.
What do I get for my premiums?
In New Brunswick, workers'
compensation is administered through a no-fault insurance system
set up under the Workers' Compensation Act. The
system is designed to protect employers and workers by compensating
injured workers while protecting employers from being sued by
workers who are injured on the job.
How can I lower my assessment rate?
By preventing injuries and disease,
accommodating injured workers at work and helping them return to
work safely, you can reduce claim costs and ultimately assessment
What if I still have a question?
For information on the average
assessment rate, email your question to Assessment
Services. For information on the 2016 benefit changes, email
your question to Planning and