Ohio small employers have a new option for lowering their workers’ comp premiums and increasing worker health and safety.
Private employers can now sign up for the new Policy Activity Rebate program.
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 percent premium rebate, up to $2,000. To be eligible for the rebate, they must select from among 33 available activities and earn 11 credits during the policy year that begins July 1.
Public and private employers of any size can participate but must have an Experience Modifier of at least 1.0, a measurement of an employer’s risk compared to the average risk of like employers.
Public employers can begin signing up December 1.