The Ohio Bureau of Workers' Compensation approved its new billing system that will offer flexible payment options along with allowing private businesses to pay workers’ compensation premiums in multiple installments.
The plan was originally proposed late last month, which aimed to revamp the state’s current “retrospective” billing system, where businesses would pay for their premiums at the end of their coverage period.
The new system will allow businesses to pay for their coverage ahead of time in two, four, six or 12 installments and will be bil...
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