Ohio Workers' Compensation - What You Need To Know

Employers and employees in Ohio should understand the state's workers' compensation system to ensure compliance and adequate protection in the event of workplace injuries or illnesses. Workers' compensation in Ohio differs from many other states in its unique structure and administration.

Get a Quote

How Does Workers' Compensation Work In Ohio?

Unlike most states that use private insurance companies to provide workers' compensation coverage, Ohio operates a state fund through the Ohio Bureau of Workers' Compensation (BWC). This means that all private sector employers must obtain coverage directly from the BWC or qualify for another state-approved option. Private insurers are not allowed to sell standard workers' compensation policies within the state. This approach in Ohio is designed to provide uniformity and potentially lower costs for employers while ensuring standardized care and support for injured workers.

Who Needs Workers' Compensation Insurance in Ohio?

In Ohio, virtually all employers with one or more employees are required to provide workers' compensation coverage. This includes private sector employers, state and local government entities, and non-profit organizations. The coverage is mandatory for any business with employees, regardless of the type or size of the business. Overall, Ohio's broad mandate aims to ensure comprehensive protection for workers across various industries and employment arrangements.

work_injury

What is Covered by Workers' Compensation in Ohio?

Ohio workers' compensation provides coverage for a range of benefits aimed at supporting employees who suffer work-related injuries or illnesses. These benefits typically include medical treatment for the injury or illness, including doctor visits, hospitalization, medication, and rehabilitation services. Additionally, workers' compensation in Ohio may provide wage replacement benefits to compensate for lost income during the period of disability. This can include temporary total disability benefits for employees unable to work while recovering, as well as compensation for permanent impairments or disabilities that impact their ability to earn a living in the long term. Overall, Ohio workers' compensation aims to ensure that employees receive necessary medical care and financial support following work-related injuries or illnesses, promoting both their recovery and their financial security.

wheelchair

How Much Does Workers' Comp Cost In Ohio?

The annual cost of workers' compensation for a business in Ohio can vary significantly depending on several factors. These include the size and industry of the business, its payroll expenses, its claims history, and the specific coverage options selected. On average, businesses in Ohio can expect to pay between 1 percent to 4 percent of their total payroll costs for workers' compensation premiums. However, this figure can fluctuate based on the level of risk associated with the business's operations. Additionally, businesses that invest in effective safety measures, participate in group rating programs or have favorable claims experience may qualify for discounts or lower rates.

payroll_help

The Evolution of Alloy

Learn how Alloy Employer Services works to empower businesses to efficiently and cost-effectively manage their workers' comp program.

Learn More

Are There Opportunities for Cost Savings?

The first step in lowering your workers' compensation costs in Ohio is to proactively take steps to make your workplace safer, reduce injuries and protect employees. There are a number of measures a business can take to reduce workplace accidents and ultimately lower the cost of their workers' compensation program. Additionally, it is important to take a proactive approach to the claims management process. If you're not quite sure what this means, a company like Alloy can you help evaluate your claims management process and give you the tools to create a better workers' comp program going forward.

payroll7

There is an Alternative Opportunity for Ohio Businesses

There IS a way for Ohio businesses to control workers’ comp overhead expenses, lower risk, and
achieve better outcomes across the board. You need a partner who will act in your
best interest. Who will manage claims - and all of the other steps in the process - as if
they are their own.

You need Proactive Claims Management.