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Governor DeWine, BWC request 7% rate reduction for private employers
Ohio’s private employers could pay nearly $67 million less in premiums next fiscal year due to a 7% rate reduction proposed to the agency’s Board of Directors.
If approved, this reduction would be the fifth straight reduction since Governor DeWine took office in 2019. This reduction would also follow a 3.9% rate reduction for public employers — counties, cities, schools and others — that went into effect Jan. 1. Overall, the average rate levels for the 257,000 private and public Ohio employers in the BWC system are at their lowest in at least 60 years.
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Register now for Ohio Safety Congress!
Registration is now open for the 2024 Ohio Safety Congress & Expo® (OSC24®) hosted by the Ohio Bureau of Workers’ Compensation (BWC).
OSC24® is the largest free work-safety conference in the U.S. and will run March 27-29 at the Greater Columbus Convention Center. The event offers free continuing education opportunities for safety and health professionals across 13 educational tracks. While continuing education credits are exclusively awarded for in-person attendance, a select number of sessions will be live streamed.
Attendance is free. Registration and educational session information is available at ohiosafetycongress.com.
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Public employer true-up
It’s time for public employer’s to complete the annual payroll true-up for the Jan. 1, 2023 to Dec. 31, 2023 policy year. True-up is due by Feb. 15, 2024 and employers must complete the payroll true-up report online. For additional information, view the Payroll true-up reports overview page. General guidelines for reporting payroll to BWC may be found on the Public Employer Payroll Reporting Requirements page.
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News Briefs
Public employers' rates drop in 2024
Ohio’s public employers will pay nearly $8 million less in workers’ compensation insurance premiums next year to the Ohio Bureau of Workers' Compensation (BWC) thanks to a rate cut that went into effect Jan. 1, 2024.
Click here for more info.
January edition of Safety Update
Check out the latest news from safety and health experts from BWC, NIOSH, and OSHA.
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Important dates
Feb. 6: In-person Training - Crisis De-Escalation Tactics and Safe Practices. More info online.
Feb. 6: Virtual Training - Safety Series Workshop Module 3: Hazard Communication and Personal Protective Equipment Basics. More info online.
Feb. 7: In-person Training - OSHA 10:Industry Safety Basics. More info online.
Feb. 7: Webinar: Setting up employee recognition programs. More info online.
Feb. 12: Virtual Training - Hazardous Waste Operations and Emergency Response Series Module 5: Decontamination, Spill Control. More info online.
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Ohio Bureau of Workers’ Compensation
Vision: To transform BWC into an agile organization driven by customer success.
Mission: To deliver consistently excellent experiences for each BWC customer every day. Core Values: One Agency, Personal Connection, Innovative Leadership, Relentless Excellence.
Established in 1912, the Ohio Bureau of Workers’ Compensation is the exclusive provider of workers’ compensation insurance in Ohio, serving 257,000 public and private employers. With nearly 1,600 employees and assets of approximately $21 billion, BWC is one of the largest state-run insurance systems in the United States. For more, visit bwc.ohio.gov.
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