BWC Board Holds Rates Steady for Upcoming Policy Year


The Ohio Bureau of Workers’ Compensation (BWC) board of directors voted this week to keep the overall average rate level for Ohio private employers steady for the policy year that begins July 1. Average rate levels for private employers have been reduced by 28.2% since the end of 2010 and are now at their lowest level in 40 years. The actual premium paid by individual private employers depends on a number of factors, including the expected future claims costs in their industry, their company’s recent claims history, and their participation in various programs.  3/16/2017