Ohio BWC Approves Rate Reduction for Private Employers

Ohio Bureau of Workers' Compensation

Ohio’s private employers will pay nearly $132 million less in premiums to the Ohio Bureau of Workers' Compensation next fiscal year under a 13% rate reduction the agency’s Board of Directors approved today.

The reduction for private employers follows a 10% reduction for Ohio's public employers that went into effect Jan. 1. BWC estimates public employers in the state will pay $14.8 million less in premiums this year as a result of that rate reduction.

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