27 Nov 2014

WSIB insurance for MDs & Staff not noted by OMA Review in 45 years.

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) The Late WSIB Chmn Hon.Lincoln Alexander QC stated in a letter that provided contact with communicable disease 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.