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For immediate release: Sept. 28, 2017
Ohio local government workers' comp rate decrease approved
COLUMBUS - Ohio public employers will pay an average of 6.1 percent less in workers' compensation premiums beginning Jan. 1. The cut will decrease the amount the Ohio Bureau of Workers' Compensation (BWC) collects from these employers by $11.8 million next year.
BWC's Board of Directors voted today to accept Administrator/CEO Sarah Morrison's commendation to lower rates for Ohio's 3,700 school districts, cities, counties and other public entities covered by the State Insurance Fund.
"This latest reduction shows our continued commitment to help employers succeed by keeping their rates as low and fair as possible," said Morrison. "We know the less they spend on premiums, the more they can invest in their communities and into safer work environments for their employees."
The 6.1 percent reduction represents the average decrease for public employer taxing districts statewide. Actual premium changes for individual public entities will differ based on several factors, including their manual classification, recent claims history and participation in various BWC programs.
Melissa Vince, 614-466-2956 or 614-202-2329, firstname.lastname@example.org
Tony Gottschlich, 614-644-4940 or 614-296-1734, email@example.com
Established in 1912, the Ohio Bureau of Workers' Compensation provides workers' compensation insurance to 244,000 public and private Ohio employers. With nearly 1,900 employees and assets of approximately $27 billion, BWC is the largest state-run insurance system in the United States. Our mission is to protect Ohio's workers and employers through the prevention, care and management of workplace injuries and illnesses at fair rates. For more, visit www.bwc.ohio.gov.
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