Private Employer Rate Cut Takes Effect Tuesday

The Ohio Bureau of Workers' Compensation said a 6% rate cut for private employers will take effect Tuesday. The bureau said the rate cut is the result of employers' ongoing commitment to workplace safety. The BWC said the 6% reduction will save employers a combined $60 million in premiums. Rates for private employers have fallen a cumulative 70% since 2011. The BWC said rates for both public and private employers are the lowest in more than 60 years. The 6% reduction is a statewide average. Actual premium changes for individual employers will vary based on factors including emp...