The Ohio Bureau of Workers’ Compensation board of directors has voted to maintain the current maximum discount and break even factors (BEF) for group-rated employers for the policy year beginning July 1, 2011.
In October 2009, the board established the current maximum discount and BEFs for the July 1, 2010, policy year as part of its ongoing rate reform initiative. The current vote holds the maximum discount for employers in the group rating program at 51 percent and keeps the same BEF formula used to adjust discount levels based on the overall risk of a group.
Since 2007, Ohio’s average base rate has dropped 35 percent – the lowest in two decades. Ohio’s average base rate stands at $1.95 per $100 of payroll. While Ohio rates ranked among the highest in 2007, the state is now in the mid-range for the nation at 20th, according to a comparison study by the BWC Actuarial Division.
The board also revised a rule related to authorization and payment for devices that control pain and speed recovery. Injured workers were previously required to submit signed written requests for transcutaneous electrical nerve stimulator (TENS) and neuromuscular electrical stimulator (NMES) supplies on a monthly basis.
The rule revision takes this unintended burden off of the injured workers by requiring their employers’ Managed Care Organization to determine the need for supplies.
Source: Ohio BWC
Topics Workers' Compensation Ohio
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