88% Billion Back Refund Strategies

This month, Ohio employers in good standing with the Bureau of Workers’ Compensation will be mailed a check for 88% of their premium from the 7/1/17 policy year. If the employer owes a premium installment payment on October 21, the installment will be deducted from the refund. Here are 3 ideas on how to use […]

TRUE-UP TIPS FOR OHIO BWC

Every Ohio employer with Ohio coverage must “True-up” between July 1 and August 15, 2017. The premium you have paid was based on estimated payroll and now you must report your actual payroll from July 1, 2016 and June 30, 2017. REQUIRED ELEMENTS Total payroll for each manual classification between July 1, 2016 and June 30, […]

Ohio BWC 3rd Billion Back and July 31 installment

If you have an Ohio BWC premium installment payment due July 31, here’s how to check to make sure the BWC hasn’t deducted it from your 3rd Billion Back refund. Log onto the BWC website. In the left sidebar, select Billing/AR Transaction History.  In the Transaction Type box, select All from the drop-down list.  Enter […]

Getting Ohio workers’ comp coverage

On the home page of www.bwc.ohio.gov, select Apply for Coverage.  Read New/Start-up business in Ohio and then click the link.  Read Application for Ohio Workers’ Compensation Coverage (U-3).  Click on each of the links to read about various aspects of starting coverage, like Grow Ohio which enables new policies to qualify for group rating.  Use […]

My group discount is the maximum, so why get other offers for next year?

If your experience modifier (EM) is 47, you are getting the maximum group rating discount.  Why bother getting other offers for the 7/1/16 policy year?  Here are some scenarios: No claims:  If you haven’t had any claims, your company should still be eligible for the maximum discount.  But other group TPAs might offer a lower […]

Sneaky Group Rating Sales Tactics

Actual scripts for Ohio group rating phone calls: “I just want to verify your address…  Now is this where I should send your free group rating quote?” “Send me your other offers and I’ll tell you which one is the best.” “You need to sign up now because our deadline is August 31.” “We’ve extended our […]

Why resist a good employee’s treatment requests?

A good employee was rear-ended while driving a company truck.  The BWC denied the claim, so the employer appealed and went to hearing to get the claim allowed.  The employee did not miss any time from work, and continued to work full duty.  After some physical therapy, the employee selected a chiropractor to be his […]

BWC Audit Basics

What is the auditor looking for? Are the payroll numbers reported to ODJFS (unemployment comp) and the IRS the same as the payroll numbers reported to the BWC? Are the manuals assigned to the employer correct? Does the employer need additional classifications? Is each employee’s payroll reported under the correct classification? Has the construction workers […]