TeksTalks
Stand with British Columbia: Wildfire Relief
The summer of 2017 will forever be etched in the memories of many British Columbia residents – this year has officially been declared as the worst wildfire season on record. At the...
Permanent Disability Award Calculations: Stabilizing Costs for Employers
As the sole funders of WorkSafeBC, it’s safe to say that employers are alarmed when seeing major fluctuations in premiums. Where is the consistency? On May 25, 2017, the Board of...
TeksMed – A Second Premium Rate Reduction for 2017
For many years, the WSIB struggled with an enormous unfunded liability which soared to a massive $14.2 B in 2011. Since that time, the UFL has been cut by more than half to its...
FULL ARTICLE – Proposed Changes to WSIB’s Work-Related Mental Stress Policy – Is Your Business Ready?
Introduction The Workplace Safety and Insurance Board (WSIB) is conducting consultations into Work-Related Mental Stress policies that would come into effect on January 1, 2018. The...
Proposed Changes to WSIB’s Work-Related Mental Stress Policy – Is Your Business Ready?
Over the past few years, the importance of mental health has gained some much deserved attention both in the media and by our policy makers. The Workplace Safety and Insurance Board...
Does your company need financial incentive to justify RTW efforts?
It took Ontario employers many years and counting to understand and get used to WSIB’s soon-to-be old, New Experimental Experience Rating (NEER) system. This experience rating...
Lost Time = Lost Business: Claims Management vs. Claims Avoidance
Workers’ compensation claims are expensive in more ways than one. Not only can they result in an increase in employer’s premiums and consequently lost efficiency due to absenteeism,...
Press Release: Meet the TeksMed Management Team!
TeksMed has always been on the leading edge of disability management and now there is a new executive team at the helm to take the company to the next level – providing employers and...
5 easy steps to lowering your risk-related costs in 2017!
With a new year, comes opportunity for new goals and objectives. For most businesses, reducing costs and increasing revenue is usually on the radar. Regardless of your industry, there...
A 2017 Resolution for Schedule 1 Employers: A safer workplace. A healthier workforce. And lower costs for employers
All in all, 2016 was not exactly the best of years. You are no doubt aware of many of the great talents that the world lost this year including David Bowie, Mohammed Ali, Gene Wilder...
TeksMed – Building Effective Management Strategies for Employees Dealing with PTSD
Preventing and managing physical work-related injuries, in many ways, is much simpler than injuries related to mental health. Yet, in particular industries, post-traumatic stress...
TeksMed – Upcoming and Proposed Changes to the WSIB – And What Employers Need To Do Now
The WSIB’s unfunded liability (UFL) has long been a ticking time bomb in the Ontario economy, threatening employers with potentially unaffordable premium rate increases. Fortunately,...
TeksMed – Your Experience Rating Assessment and What it Means for Your Company Budget
Fall is the time when many businesses throughout Canada prepare for their annual budgets. Employers in particular, often choose the fall because this is the time when they will...
Your Experience Rating Assessment and What It Means for Your Company Budget
Fall is the time when many businesses throughout Canada prepare for their annual budgets. Employers in particular, often choose the fall because this is the time when they will...
Teksmed – Help for the residents of Fort McMurray
No matter where you live in Canada, you couldn’t help but be affected by the news and images of the wildfires sweeping across Alberta and parts of Saskatchewan. Images taken from...
TeksMed Spring Cleaning – Experience Rating Edition!
Our beloved patio season is here! This means pitchers and pints and projects! Oh my, projects? Spring is typically prime-project-time for many industries and individuals. A great and...
Private Health Care – In Canada!
Let’s talk private health care – a familiar concept just south of the border, may be perceived as irrelevant here in Canada where publicly funded health care is a privilege and a...
How can you start 2016 by mitigating costs associated with risk in the workplace?
With a new year, comes opportunity for new goals and objectives. For most businesses, reducing costs and increasing revenue is usually on the radar. Regardless of your industry, there...