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For immediate release: July 12, 2017
Franklin County employers to receive $126 million in work comp rebates
BWC leader presents Columbus employer with $342K check Wednesday
COLUMBUS - Ohio Bureau of Workers' Compensation Administrator/CEO Sarah Morrison presented a check for more than $342,000 today to Hirschvogel Inc. during a stop on her statewide tour to promote the agency's $1 billion rebate for Ohio employers.
Hirschvogel, a parts manufacturer for the automotive industry, is one of 16,111 employers in Franklin County sharing nearly $126 million in BWC rebate checks going out this month.
"Starting this week, schools, local governments and businesses should be on the look-out for their rebate checks," said Morrison, standing inside Hirschvogel's plant at 2230 S. Third St. "These rebates were made possible by our agency's strong investment returns, and they demonstrate our commitment to help Ohio businesses thrive and grow."
Morrison presented a ceremonial check to Hirschvogel President Witold Salandyk.
"We are going to invest $1.64 million in safety next year, so this check definitely helps us," said Salandyk. "Safety is truly important. Our people are our most important assets and we want to protect them."
BWC started mailing rebate checks to employers on Monday and will continue doing so through early August. The checks equal roughly two-thirds of an employer's premium in 2016. In Franklin County, 16,021 private employers will share nearly $104 million in rebates. Ninety public employers, including the city of Columbus, will collect nearly $22 million.
Morrison said employers are free to spend their rebates as they wish, but she hopes they will consider investing in workplace safety.
"We work with employers all over Ohio to prevent injuries and illness in the workplace, and they will tell you that investing in safety is a wise business decision," she said. "Safe workplaces mean fewer injuries, fewer medical claims and a stable workforce, all of which leads to a healthy bottom line for a business."
Ohio Gov. John Kasich proposed the rebate in March. It's the third such rebate in the last four years, made possible by an improving safety climate, prudent fiscal management and strong investment returns. The plan to distribute rebates to more than 200,000 Ohio employers during the month of July was approved by BWC's Board of Directors in April. Visit bwc.ohio.gov for more details and eligibility requirements.
The plan also includes a $44 million investment in new health and safety initiatives to promote a healthy workforce and a culture of safety in every Ohio workplace. This includes a new wellness program for small employers, funding for programs to help firefighters and those who work with children and adults with disabilities, and an education campaign to address common injuries at work and in the home.
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