Nearly 4,000 Ohio cities, townships, school districts and other public entities will get an average reduction of 1.6 percent in workers’-compensation premiums for 2014 that will save them $3.9 million.
The Ohio Bureau of Workers’ Compensation approved the reduction on Friday. The premium charge for each public entity will vary based on several factors. The cut is on top of reductions in 2012 and 2013 that have reduced premiums for public entities by $68.3 million from 2011 rates. The state credits the reductions to lower claims, among other things. |
