Ohio Employers to See Another Workers’ Comp Premium Cut

The Ohio Bureau of Workers’ Compensation (BWC) board of directors has approved a $132 million, 13% average premium rate cut for private employers. Effective July 1, the reduction will mark BWC’s third-largest cut in 60 years. It follows last year’s 20% rate cut. Actual premiums paid will depend on several factors. For information on steps you can take to reduce your premiums, contact the OMA Workers’ Compensation Services team by emailing Brian Jackson or your account manager — Karen James, Melissa Ross or Juliet Walker. 3/4/2020