This week the Bureau of Workers’ Compensation (BWC) held a meeting for stakeholders to describe its Destination: Excellence program, a set of programs and incentives for employers that are intended to prevent injuries and return workers to work more quickly. There are also incentives for employers that interact with the BWC exclusively online.
The BWC board of directors will vote the proposal this month; if the board approves the proposal, the new programs and program changes will be effective July 1, 2012.
As the program is finalized, OMA will advise members of potential opportunities. The OMA will also look for the BWC to provide actuarial analyses of the various program changes.
While some of the new programs have premium rebates and discounts, BWC administrator Steve Buehrer, has prohibited workers’ compensation third party administrators and sponsors from advertising these discounts as adders to group rating discounts. If you receive a group rating proposal with greater than a 53% discount, the newly approved maximum, you should contact the BWC.