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Statistics for Wood Products Manufacturing
Terms of Reference
Accepted Claims: A claim is counted as a short term disability (STD), long term disability (LTD), or fatality (STD/LTD/FTL claim) if the claim had the first short term disability (STD) benefit, long term disability (LTD) benefit, or survivor benefit (fatal reserve set or cash award) made in the year, regardless of the year of injury.
Accepted Fatal Claims: Number of claims for which a first survivor benefit (fatal reserve or cash award) was awarded in the year, regardless of the year of injury.
Injury Rate: The number of Non-HCO claims per one hundred Person Years -- shows the rate of injuries. Please note that Injury Rates calculated to one decimal point at a CU level are not normally quoted due to the following: (1) Person Years are estimates and are based on estimates of Assessable Payroll; (2) at a CU level, Person Years are further reduced and claims volume are lower compared to a Subsector level. As a result, calculations are subject to variability, hence affecting specific levels of precision in such rates. Figures rounded to the closest whole number may provide a more meaningful indicator of the Injury Rate at a CU level.
Non-HCO Claims: Total number of Non-Health-Care only (Non-HCO) claims. A Non-HCO claim must have a short term disability (STD), long term disability (LTD) or survivor benefit in the year of injury or in the 3 months following the year of injury.
Person Years: Estimated number of employed full time equivalents (FTEs) based on Assessable Payroll and StatsCan data.
Serious Injury Claims: The number of serious injuries is based on STD/LTD/FTL claims, excluding accepted fatal claims, and is adjusted to include an estimate for uncoded claims. Serious injuries are based on 165 ICD9 medical diagnosis codes that indicate serious injury (e.g. major fractures, amputations, 3rd degree burns, serious eye injuries, and other serious spinal or head injuries).
Severe Claims: Severe claims represent STD/LTD/FTL claims with a fully reserved claim cost greater than $35,000. Fully reserved claim costs include past payments on a claim as well as the estimated future liability for a claim.
STD Duration: STD duration is a measure of the total days lost per claim on disability claims, including days lost in years beyond the year of injury. It is calculated according to a methodology established by the AWCBC.
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