Ohio is adjusting workers' comp rates. Is your business in line for a cut?

  • 📰 DispatchAlerts
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

The state fund for injured workers is cutting rates by 8% for Ohio's private employers, the latest in the string of rate cuts that date to 2011.

The bureau's board signed off Friday on the reduction that will save the employers $90 million in the next fiscal year that begins July 1, the bureau said.

For public employers such as cities, school districts and townships, rates went up 0.6% on Jan. 1, the first increase since 2017.The bureau says rates for the 257,000 public and private employers are the lowest in Ohio in more than 60 years.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 72. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines