How to Apply for a Workers’ Compensation Policy in Ohio
A Guide for New Employers With few exceptions, the Ohio Revised Code mandates that employers with one or more employees must have an active and current Workers’ Compensation Insurance Policy in place through the Ohio Bureau of Workers’ Compensation (BWC). Failing to...
Understanding Workers’ Compensation Classification Codes
The Ohio BWC uses workers’ compensation classification codes to define the business of the employer. The object of the classification system is to assign the one basic manual classification that best describes the business. It is the business of the employer that is...
What is a Monopolistic State?
Understanding workers’ comp coverage in states without an open market The term monopolistic state refers to any state that has special legislation in place that requires workers’ compensation coverage be provided exclusively by the state’s workers’ compensation...
Payroll True-Up Reporting Period
Reconciling your true payroll with your estimated annual premium The Ohio Bureau of Workers’ Compensation bases the premiums that an employer pays each year on the company’s estimated payroll. The payroll true-up report is the process that requires employers to report...