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Rules Change Ends Mandatory Lump-Sum Payments

By Jim Sams (Senior Editor)

Monday, May 6, 2013 | 0

A rule proposed by the Ohio Bureau of Workers' Compensation will allow the agency and self-insured employers to make monthly installments on loss awards for scheduled injuries instead of paying lump-sum advances. The BWC really has no choice but to propose the rule: Legislation passed in 2012 requires the bureau to go back to the way it did things prior to 2010, when it passed a rule that called for all scheduled-loss awards to be paid in lump sums. Self-insured employers objected and persuaded state lawmakers to pass House Bill 487, which allows installment payments, according to a busine...

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