A FORUM on ONTARIO MEDICINE: business and professional Information from various contributors edited by Dr.Alex Franklin MBBS(Lond.)Dip.Phys.Med(UK) DPH & DIH(Tor.)LMC(C)FLex(USA).Fellow Med.Soc.London, Liveryman of London Society of Apothecaries. Freeman of City of London. Member Toronto Faculty club & Toronto Medico-Legal society.
21 Oct 2013
WSIB INSURANCE for MEDICAL OFFICES
Although NOT MANDATORY, Ontario MDs can insure themselves and staff for Occupational injury, illnesses, and death cheaply by WSIB at the rate of 73 cents per every $100 of OHIP income and staff salary. For $200,000, yearly premium would be $1460,(about $28 a week)
Correspondence with the Late WSIB Chmn Hon.Lincoln Alexander QC will show that provided contact with communicable illness is noted in an office diary, the MD and Staff would be covered by WSIB if infected. Estate of SARS-killed GP Nestor YANGA received nothing from the Ont Govt as he`was "self-employed". Had he been covered by WSIB his Estate wiould have received approx $100,000.
Subscribe to:
Post Comments (Atom)
Most OMA members have not taken advantage of this cheap, generous insurance for over 40 years. Includes injury when travelling between offices and from office to Hospital and House calls. WSIB pays for home Aids to Daily Living. Also disability from AIDS, Hepatitis & TB contracted from patient(s).
ReplyDeleteLifetime benefits including appliances & medication.
ReplyDelete