Services > Deductible Program

Under the Deductible Program an employer receives an up-front premium discount in exchange for agreeing to pay a per-claim deductible amount.  For claims that occur during that policy year, you would be responsible for the first dollars paid up to the selected deductible amount.

Eligibility

• Must be a private, state-fund employer or a public employer taxing district
• Be Current on any and all premiums or other monies owed to the BWC
• Employer must be in good standing with the BWC.
  • Must have active coverage by application deadline
  • Must be current on premium payments
  • May not have cumulative lapses in coverage in excess of 40 days within the 12 months preceding application deadline - deductible levels up to $10,000.
  • May not have cumulative lapses in coverage in excess of 15 days within the 5 years preceding the application deadline - deductible levels up to $25,000.
• For deductible levels of $25,000 - $50,000 employers will be required to submit reviewed/audited financial statements for the 3 most recent fiscal years.
• For deductible levels of $100,000 - $200,000 employers are required to submit audited financial statements for the 3 most recent fiscal years.
• Demonstrate financial strength and stability.  Additional financial requirements may apply in certain circumstances.

Application

The employer will complete the Application for Deductible Program (U-148) and submit it directly to the Ohio BWC.  Private employers wishing to enroll must submit an application between March 1st and the last business day in April; public employers must submit applications between September 1st and the last business day in October.

Employers will automatically be enrolled each consecutive year at their current deductible level.  If an employer wishes to make changes to their deductible level or withdraw from the program, they must do so during the enrollment period.

Contact us for more information.