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For immediate release: April 24, 2018

What they're saying: Ohio workers' comp $1.5 billion rebate proposal

 

Gov. John R. Kasich and Ohio Bureau of Workers' Compensation (BWC) Administrator/CEO Sarah Morrison today proposed giving Ohio employers $1.5 billion in premium rebates this summer, expanding workers' comp savings for employers to $8 billion since 2011. The rebate would be BWC's largest in 20 years.

Here's what Ohio's business community is saying:

"The ongoing prudent management of the BWC is resulting in significant savings for Ohio's employers. The BWC leadership team and board have correctly placed their focus on safety and incident prevention as well as expeditious and effective medical treatment. Its funds management practices are to be commended as well. All of these activities result in a competitive advantage for Ohio's employers. This is good economic news for our state."
- Eric Burkland, President, Ohio Manufacturers' Association

"The $1.5 billion in rebates announced earlier today by the Ohio Bureau of Workers' Compensation is welcomed news to small-business owners, who make up the majority of state fund employers. On behalf of our 23,000 members, NFIB/Ohio concurs with the BWC's position that the more money they can put in the hands of employers, the better the opportunities to grow their businesses, hire additional employees, and support health and safety programs in their companies. Small business owners are the engine that drives Ohio's economy and will utilize these rebates to reinvest back into their businesses. The $8 billion that the BWC has returned since 2011 is a sure sign of strong fiscal management and stewardship by Governor Kasich and Administrator Morrison, who continue to make Ohio’s workers' compensation system even more efficient."
- Roger Geiger, Vice President and Executive Director, National Federation of Independent Business/Ohio

"This 1.5 billion dollars back will help employers invest in their most important asset: their businesses and their employees. Make no mistake that this rebate will not only benefit Ohio employers, but also all Ohioans by helping employers further invest in training, workplace safety, and ultimately Ohio's economy."
- Carolyn Mangas, Government Affairs Manager, Ohio Insurance Agents Association, Inc.

"Many of our members are smaller enterprises operating on Main Street, and will greatly benefit from this rebate. We appreciate the steady leadership at BWC, and their dedication to helping Ohio businesses grow and succeed."
- Gordon M. Gough, President and Chief Executive Officer, The Ohio Council of Retail Merchants

"This latest rebate is great news for Ohio businesses. It is a continuation of the Bureau's commitment to increasing safety while making Ohio more competitive through rate reductions, safety grants, and rebates. Reducing workers' compensation costs allows employers to invest more in their businesses."
- Don Boyd, Director, Labor & Legal Affairs, Ohio Chamber of Commerce

"The Ohio Restaurant Association (ORA) applauds Governor Kasich and the Ohio Bureau of Workers' Compensation (BWC) for their efforts to invest $1.5 billion employer dollars in Ohio's businesses, which helps control costs and create jobs. This great initiative would not have been possible if it weren't for the long-standing safety efforts and education training programs put in place by the BWC. The ORA takes great pride in our partnership with the BWC, our sponsorship of the state's largest foodservice specific workers' compensation group rating plan and the safety of Ohio's restaurant and foodservice industry employers, employees and consumers."
- Laura Morrison. Director of Foodservice Safety & Certification, Ohio Restaurant Association

Media Contacts:

Melissa Vince, 614-466-2956 or 614-202-2329, melissa.vince@bwc.state.oh.us

Tony Gottschlich, 614-644-4940 or 614-296-1734, anthony.gottschlich@bwc.state.oh.us

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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