WCBE News

BWC Proposes Large Rebate

WCBE 90.5FM | By Ohio Public Radio

Published April 25, 2018 at 5:01 AM EDT

Ohio Bureau of Workers' Compensation administrators are asking the agency's board of directors to approve a rebate for employers.

Ohio Public Radio's Jo Ingles explains.

BWC Administrator Sarah Morrison says the agency’s investment strategy is paying off. So she will ask the board to give $1.5 billion in premium rebates to employers this summer.

“If our board approves this rebate, the Bureau of Worker’s Compensation will have saved Ohio employers $8 billion in worker’s compensation costs since 2011 through our rebates, reduction in premium and grant dollars.”

The rebate plan, which is expected to win approval from the board, will also allow an estimated $48 million to go to schools and $111 million to local governments.

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