Discounted Worker's Compensation Premiums
Save
up to 80% on WC Premiums
The Ohio
Bureau of Workers' Compensation allows employers to join together
under a sponsoring organization in order to be evaluated as one large
employer for the purpose of workers' compensation premium calculation.
It cost NOTHING to
fill out the Temporary Authorization to review your information to see
if you qualify and to see just how much they can SAVE you. After that
you can join the group.
 While
you do have to qualify, they don't accept employers with a lot of
claims and employers must be up-to-date on premium payments in order
to qualify for a group rating program .
 Employers
with excellent claims experience and safety records can qualify for up
to 80%-90% discounts. Employers with average to
better-than-average safety records can expect savings in the range of
30% to 65%.
There
are many different sponsoring groups to choose from. The
sponsoring group that I am most familiar with is the NFIB
(National Federal Independent Businesses) The cost to join the
sponsor runs in the $150-$250 range and this fee is negotiable. The
fee for joining the WC discount group... depends on several employer
criteria and this fee is not negotiable. Our fee was $86.00.
You
might wonder why there are 2 fees and 2 groups... you have to belong
to the NFIB sponsoring group to get into the WC group that THEY use.
Here
is the link for the NFIB Workers compensation page.
http://www.nfib.com/tabid/598/Default.aspx?cmsid=29474&v=1
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