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Ohio


Gov. Kasich pushes a billion-dollar rebate from Bureau of Workers' Comp
Businesses praise plan to give more than 200,000 employers discounts
by WKSU's M.L. SCHULTZE


Web Editor
M.L. Schultze
 
Gov. John Kasich is offering a big discount to employers from workers' comp accounts
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In The Region:

Gov. John Kasich is proposing that the state Bureau of Workers’ Compensation pay out $1 billion to employers who contribute to injured workers system.

The governor’s plan would give rebates to about 210,000 employers equal to about half of the premiums they paid most recently. Kasich also wants lawmakers to change how employers are billed, allowing them to pay in advance. He estimates that will save employers 2 percent to 4 percent.

Workers comp has been under fire since March, when a Cuyahoga County judge ruled that it had overcharged some employers to give unearned cut -rates to others. He ordered the system to pay out nearly $860 million to the overcharged employers, a ruling the state is appealing.

The new plan is not directly related to the lawsuit. The governor says the workers’ comp fund has more than $8.3 billion in assets, far more than it needs to cover its liabilities.

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