A Billion Back – BWC Update

A message from Paul Feck, Frank Gates Service Company

In mid-July the BWC completed the mailing of approximately 180,000 rebate checks for Ohio employers. All rebate checks have been mailed to Ohio employers, with the exception of employers in a Group Retrospective Rating Program. Group Retrospective Rating employers will receive their rebate checks at the time of their Group Retro survey date.

In the upcoming months, you will hear additional information relating to modernizing the premium collection model that is used by the BWC. The modernization of premium collection, which is passed by legislation, is another component of “A Billion Back”. Legislation was passed authorizing BWC to move toward a prospective-payment system, from the current system where premium payments are made in arrears. This switch would also result in rate reductions of 2 percent for private employers and 4 percent for public employers. We will continue to update you as new information becomes available.

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