Changes To Workers' Comp Group Discounts

PHIL CRAIG | Ohio Licensed Beverage Association
Published: 01/07/2005

The Ohio Bureau of Workers' Compensation recently announced that it will be shifting the credibility table used in setting premium rates for merit-rated and group-rated employers. The credibility percent is a factor used in determining rates and is based on an employer's or a group's size. It is used to limit the fluctuation of the impact claims can have on smaller employers.