News from the BWC...

CareWorksComp Annual Seminars: It’s not too late to register for our annual workers’ comp seminars! Click here for the registration form, and we have availability at all three locations. We are also offering the seminar content as a video/webinar option; identical materials will be provided and both will satisfy the BWC’s Two-Hour Group Safety Training requirement for 2016. The seminar schedule is:

April 25, 2017: Cleveland  /  May 2, 2017: Columbus /   May 3, 2017: Cincinnati

2017 Premium Installment Notifications: The BWC will issue 2017 estimated annual premium notices on May 1, and you should receive your updated premium installment schedule at that time. We recommend using that schedule to keep track of your payments all year, as sometimes BWC  monthly invoices have different due dates listed and it can be confusing to know which date to use.

Please note these upcoming dates and deadlines in May (none for April!):

• May 1, 2017 is the date the BWC will send out notices of estimated annual premium for the 2017 policy year.

• May 15, 2017 is the last day you can change your premium installment plan for the 2017 policy year.

• May 31, 2017
  • Drug-Free Safety Program (DFSP) application deadline for a 7/1 start date.
  • Industry Specific Safety Program (ISSP) application deadline for a 7/1 start date.
  • Application deadline for the Transitional Work Bonus (TWB) for a 7/1 start date.

 Billion Back Rebate: You may have heard this good news…BWC is proposing to once again return over $1 billion dollars to private and public employers! If the rebate is approved at the end of the month by the BWC Board of Directors, the rebates will begin to be given in July*.  Here are the highlights:

• This is a one-time rebate.
• The rebate will be 66% of 2015 policy year premium (premium paid 7/1/15 – 6/30/16).
• If an employer has an outstanding balance, the rebate will be applied to the balance first.
• An employer must be current with BWC policy requirements.
• The reason the BWC is able to give this rebates is because of successful investments…it in no way jeopardizes the care of and benefits for Ohio’s injured workers.

 *(Group Retro participants will receive their rebate after the group retro refund is calculated in October). There will be more specific information to come!

Until next month! Please reach out to CareWorksComp and ask an Account Executive at 800.837.3200 if there is anything we can help answer for you.

Amber Hart
Program Manager 
CareWorksComp
Phone: (614) 932-1553
Toll Free 800-837-3200 ext. 51553
Fax: (614) 210-5596