The Ohio Bureau of Workers' Compensation is proposing a flexible payment option that would allow employers to pay workers' compensation premiums in two, four, six or 12 installments.
The bureau said the plan is part of its move to a prospective payment system, in which businesses will be billed a month prior to receiving coverage instead of after they received coverage.
Under Ohio's current "retrospective" billing system, businesses receive workers' compensation coverage and then pay for it at the end of their coverage period. Under prospective billing, which will t...
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