BWC Wants to Reward Self-Insured Companies That Pay Assessments Electronically

Self-insurers in Ohio could soon receive rebates on their assessments for the guaranty fund if they pay electronically, according to a rule change proposed this week. The Bureau of Workers' Compensation is encouraging self-insured companies to utilize electronic payments and e-notifications for the Self-Insuring Employers' Guaranty Fund, the bureau said in a notice. All self-insurers are required to pay into the fund, and the assessment is 6% of premium for most self-insurers. The bureau, which proposed the rebate idea last fall, said it considered requiring all self-insurers to...