This week the OMA teamed up with business allies to oppose House Bill 459, a proposal that would enable groups of employers to be granted self-insured status under Ohio workers’ compensation laws.
The group submitted a letter of opposition to House Insurance Committee Chairman Tom Brinkman (R-Cincinnati), saying: “Our organizations are wary of group self-insurance structures. … During the Great Recession in 2008, the BWC and the self-insured community shared a significant concern that the Self-Insured Employers’ Guaranty Fund would not be adequate to cover current and future liabilities as companies went out of business and others were teetering on the brink of bankruptcy, and this included some of the strongest and most financially stable companies. Imagine the potential crisis with groups comprised of much smaller and financially weaker employers.”
The bill has had two committee hearings. 5/17/2018