Workers Compensation: Group Ratings
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WHY BOTHER WITH A GROUP RATING PROGRAM? The Ohio Bureau of Workers' Compensation (OBWC) permits employers with excellent claims history to join together for the purpose of being rated as a larger group.
By participating in group rating, businesses can get a lower premium than could be attained on their own. Historically, you can expect a savings of between 25% and the OBWC maximum discount allowed.
It is important to note that no two group rating plans offer the exact same savings. Actual savings are dependent upon the type of business, final loss figures, total enrollment, and reported payroll of participating members.
Please note: There is a short window of opportunity each year. You must apply NOW!
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