Government News and Reports
11/3/2009 6:04:33 PM EST
OH BWC BoD Tackles Busy Agenda
Columbus, OH (CompNewsNetwork) - The Ohio Bureau of Workers’ Compensation (BWC) Board of Directors today streamlined rules related to medical coverage, hired an investment manager and reduced the credibility table which is used to determine the maximum discount for group-rated employers. The new table reduces the maximum discount to 65 percent, effective July 1, 2010. The current maximum discount is 77 percent. This revision also lowers the minimum qualification for experience adjustments, an action that will positively impact the rates of smaller employers with strong safety records …[read more]
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