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Ohio’s small employers have a new option for lowering their workers comp premiums and increasing worker health and safety, according to the state’s Bureau of Workers’ Compensation, which announced the launch of the Policy Activity Rebate program Monday.
Under the program, employers earn credits for completing activities designed to improve workplace safety practices and encourage attentive management of their workers comp policies. Employers receive a 50% premium rebate, up to $2,000. To be eligible for the rebate, they must select from among 33 activities, which include creating a safety committee, having a wellness program, and testing for drug and alcohol use among workers, the bureau said in a statement.
The program is open to private employers now, and public employers can begin signing up Dec. 1, according to the statement.
“Even small employers can save money and improve workplace safety by better understanding Ohio’s workers’ compensation system,” Kevin Abrams, chief operating officer for the Ohio Bureau of Workers’ Compensation, said in the statement. “PAR offers a flexible alternative for smaller employers to improve safety and become more engaged in their risk management programs.”
Ohio Gov. John R. Kasich and the top executive for the Ohio Bureau of Workers Compensation on Tuesday proposed giving Ohio employers $1.5 billion in premium rebates this summer, expanding workers comp savings for employers to $8 billion since 2011, according to a press release.