Experience Rating, Work Injuries and Benefit Costs: Some New Evidence
Posted: 24 Jun 2010
Date Written: March 15, 2006
In 1986, British Columbia’s Workers’ Compensation Board introduced an experience rating program that provided a modest financial incentive for employers to reduce the costs of claims. Using a comprehensive panel data set, we find that claims frequency for health care only and short-term disability claims was reduced following the introduction of experience rating. The introduction of the program did not affect costs for most claim types, except for health care only.
JEL Classification: J38
Suggested Citation: Suggested Citation