May 3, 2013

Ohio Governor Proposes a $1 Billion Workers' Compensation Rebate to Public and Private Employers

Alert | Ohio Employment Services Alert

Ohio Governor John Kasich has proposed a one-time dividend of $1 billion (yes, billion with a B) for private and public employers that are state-funded for purposes of workers’ compensation coverage in Ohio. The Governor’s proposal is three-fold:

  • Requests that the Bureau of Workers’ Compensation (BWC) Board of Directors authorize a one-time dividend of $1 billion for private employers and public-taxing districts.
  • Expands the agency’s successful Safety Grant Program from $5 million to $15 million to support expanded statewide efforts to promote workplace safety and encourage further investment in protecting Ohio’s workers.
  • Asks the Legislature to modernize the premium collection model by authorizing BWC to move toward a prospective-payment system and subsequently requesting the board issue an additional $900 million to mitigate transition costs....
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