Over the years, the OMA has worked hard to advocate for more competitive workers’ compensation costs. So it is encouraging to see this new infographic by HowMuch.net showing that when compared to other states, Ohio has the nation’s second-lowest workers’ compensation costs.
Based on the most recent data from the National Academy of Social Insurance, the infographic shows that Ohio’s average workers’ compensation costs (as of 2017) were 67 cents per $100 of payroll, compared to the national average of $1.21. Texas was the only state with a lower cost than Ohio’s, according to the comparison. 6/9/2020