Ohio’s workers compensation rates remain some of the lowest in the country, ranking as the fifth‑lowest state as of Jan. 1, 2024, according to a report from the Oregon Department of Consumer and Business Services.
This marks a dramatic reversal from 2008, when Ohio had among the nation’s highest rates. The state’s premium index fell from 83 cents per $100 of payroll in 2022 to 68 cents in 2024.
Gov. Mike DeWine and BWC Administrator Stephanie McCloud credited the decline to improved workplace safety and the agency’s efforts. Private employers will benefit from another 6 percent premium cut effective July 1, saving nearly $60 million statewide. 7/20/2025