Ohio’s public employers, including public libraries, should have received their 2015 BWC payroll report (or an e-mail notification if the Go Green discount has been selected). Under the new BWC new prospective payment process, employers will receive a 50% transition credit. The adjusted premium amount is determined after payroll is reported and the premium is calculated. Employers have the option of paying the entire amount or dividing it into two equal payments with the first payment due by May 16 and the remaining balance by the Sept. 1. Please note that the BWC has discontinued the Early Payment Discount for employers paying their full premium before the May deadline.

Employers also should have received the Notice of Estimated Annual Premium for 2016 and the Certificate of Coverage for 2016. This notice is not a bill, but is an estimate to assist in budgeting. Please note that this new certificate is not a guarantee of workers’ comp coverage. The guarantee of coverage occurs by paying the premium by the appropriate deadlines. The invoice for this premium payment will be mailed in March with the minimum payment due by May 16.

To summarize, the actual 2015 premium and the estimated 2016 premium minimum payments are due by May 16. If eligible, both premiums will be discounted by 50% as part of the BWC’s transition to the prospective billing process.

Questions should be directed to Andrew Frank, Careworks Comp, at (614) 956-2325 or andrew.frank@careworkscomp.com.