Ohio’s Bureau of Workers Compensation (BWC) is considering a 6% rate reduction for private employers proposed to the agency’s Board of Directors last week.
The proposed 6% rate cut represents an average statewide premium change, including administrative costs. The actual premium paid by individual private employers depends on several factors, including the expected future claims costs in their industry, their company’s recent claims history, and their participation in various BWC programs. 1/24/2024