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.

2 comments:

  1. 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).

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  2. Lifetime benefits including appliances & medication.

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