The state fund for injured workers wants to give $1.1 billion back to Ohio’s private and public employers.
The Ohio Bureau of Workers’ Compensation today proposed a rebate that is equal to two-thirds of the premiums more than 200,000 private and public employers paid in their most recent policy year.
The proposal will be presented during the bureau’s board meeting Thursday. If approved at the April meeting, the bureau could begin issuing checks in July.
The proposed rebate is the latest in a string of rebates, credits and rate reductions that have saved Ohio employers $6.3 billion since 2011.