October 2015 Article Archives

Businesses in Ohio should be aware that the Ohio Bureau of Workers’ Compensation (BWC) has recently transitioned to its new prospective premium payment system.  The BWC is providing a ‘Transition Credit’ in place of your January through June 2015 premium payment.  

In order to receive the credit, businesses needed to file a payroll report for the January – June, 2015 period with BWC by August, 31, 2015.  Businesses that did not file the payroll report, had the premium for that period estimated and the BWC invoiced them on October 1, 2015. 

In light of BWC transitioning to prospective billing, the 2016 CareWorksComp group rating enrollment deadline for the traditional discount group rating program is November 18, 2023 and the retro group rating enrollment deadline is January 22, 2016. It is important to apply early so that you have adequate time to evaluate your options.  If you have not already applied, we ask that you take a look at your potential premium savings through the Miami Valley NARI Workers’ Compensation Program that is administered by our partner, CareWorksComp. Our workers’ compensation program was created to help our members maximize their workers’ compensation premium savings and to provide them with quality claims management services.  Consider these points about our program: