BWC Board OKs 10% Premium Rate Reduction

Due to the continued trend in declining workplace injuries, the Ohio BWC board has approved another 10% rate reduction in premiums paid by private employers.

Approved at the BWC board’s Feb. 25 meeting, the rate reduction will save Ohio employers an estimated $106 million. (The 10% rate cut represents a statewide average; the actual premium paid by an individual employer will depend on several factors.) 2/28/2022