8% BWC Rate Cut Proposed

The Ohio BWC Board of Directors proposed an 8% rate reduction for the 2023-2024 Policy Year.  This continues the trend of the state reducing workers’ compensation rates for Ohio employers.  If this rate is put into action, it would means rates are the lowest in the last 60 years!  For more information, the BWC press release is below:

https://info.bwc.ohio.gov/news-and-events/news/bwcbod-consider-8-percent-rate-reduction

More From Our Blog

BWC COVID-19 FAQ

Q 1: Will BWC allow employers to delay installment payments due to COVID-19’s hardship? A: Unpaid insurance premium installment amounts due for March, April, and May for the current policy year can be deferred until June 1, 2020, at which

COVID-19 Unemployment Update FAQ

With the current situation evolving by the day, many businesses are being forced to make tough employment decisions. Whether your business is an office, a manufacturing plant, restaurant, or construction site the challenges are the same. Below are a few

Self-Insured Newsletter – June 2020

Self-Insured Newsletter – June 2020 Self-Insured Department Update Since our last newsletter, the world has changed around us. Like you, we had to adapt quickly to a whole new environment. We reconfigured to a social distancing situation, moving the entire