BWC Considers 8.6% Overall Rate Reduction


Actuaries of the Ohio Bureau of Workers’ Compensation (BWC) are recommending to the BWC Board of Directors an 8.6% reduction in total private sector premium. If approved, this will continue nearly a decade of annual reductions in premiums:  A great success story for Ohio! The actual premium paid by individual employers depends on a number of factors, including the expected future costs in their industry, their recent claims history, and their participation in various programs.   Look to the OMA Workers’ Compensation Services team for more information as this process unfolds.