BWC Cuts Public Employer Premium Rates

The Ohio Bureau of Workers’ Compensation followed through on a proposal to reduce premium rates for public employers by an average of 10% next year. The bureau’s board of directors on Friday approved the reduction that was proposed in July. The rate cut is projected to save public sector employers $17.8 million in premiums next year compared to what they paid in 2019. “Thanks largely to declining injury claims and relatively low medical inflation costs, approximately 3,700 school districts, cities and other local government employers will benefit from the reduction,&rd...