BWC Proposal Gives $1 Billion Back to Ohio Businesses

For the third time in four years, the Ohio Bureau of Workers’ Compensation (BWC) is proposing to return more than $1 billion back to Ohio’s private and public employers. Combined with nearly 30 percent in average rate cuts and $3 million in previous rebates and credits, if passed, this rebate means BWC will have returned more than $6 billion to Ohio’s economy.

“Once again, the governor and BWC have taken action to help keep Ohio competitive in the workers’ compensation arena,” said Ohio Chamber President & CEO Andrew E. Doehrel. “Today’s decision to return a billion dollars to Ohio employers is a pleasant surprise and will serve as another building block in helping to improve Ohio’s economic climate, maintain jobs, and attract new business to the state.”

The proposal will go to the BWC board of directors on March 15 for a first read and then must have a second read before being approved by its board on April 28. The plan includes:

  • One-time rebated of $1 billion for private employers and public taxing districts. In total more than 200,000 employers will receive rebates.
  • Additional significant investments in workplace wellness and safety which will help significantly reduce workplace injuries.

Once passed, most rebates would equal 66 percent of the employer’s premium for the policy year ending June 20, 2016. Thus, if approved, BWC would start issuing refund checks to employers in early July. BWC is able to issue the proposed rebate thanks to strong investment returns, prudent fiscal management and declining claims. More information on the proposal can be found here.

Additional details as the proposal moves through the approval process will be released at

18 thoughts on “BWC Proposal Gives $1 Billion Back to Ohio Businesses

  1. I am commenting to make you understand what a great encounter our girl encountered checking your site. She learned a wide variety of details, most notably what it is like to have a wonderful giving nature to have other folks clearly learn chosen extremely tough matters. You actually did more than readers’ desires. Many thanks for displaying such precious, trusted, revealing and as well as fun guidance on the topic to Emily.

  2. Youre so cool! I dont suppose Ive read anything such as this prior to. So nice to uncover somebody by incorporating original ideas on this subject. realy appreciation for beginning this up. this website is one area that is required on the web, a person if we do originality. beneficial task for bringing something totally new towards the world wide web!

  3. The the next time I read a weblog, Lets hope so it doesnt disappoint me as much as that one. What i’m saying is, I know it was my replacement for read, but When i thought youd have some thing interesting to say. All I hear is often a few whining about something that you could fix in case you werent too busy searching for attention.

  4. hey there and thanks for your information – I’ve certainly picked up something new from proper here. I did however expertise several technical points the usage of this site, since I skilled to reload the site many times prior to I could get it to load correctly. I were brooding about in case your web host is OK? Now not that I’m complaining, however sluggish loading circumstances times will often impact your placement in google and could harm your high-quality ranking if ads and with Adwords. Well I am including this RSS to my e-mail and could glance out for a lot more of your respective intriguing content. Ensure that you replace this once more very soon..

  5. An attention-grabbing discussion is worth comment. I believe that you should write more on this matter, it won’t be a taboo topic however usually persons are not sufficient to talk on such topics. To the next. Cheers

  6. I will right away grasp your rss feed as I can not find your e-mail subscription hyperlink or newsletter service. Do you’ve any? Kindly allow me know so that I may just subscribe. Thanks.

  7. Im no pro, but I believe you just crafted an excellent point. You clearly know what youre talking about, and I can really get behind that. Thanks for being so upfront and so sincere.

Leave a Reply

Your email address will not be published. Required fields are marked *