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CompNotes

Premium installment and true-up reporting for private employers

To receive and maintain workers' compensation coverage, employers must pay premiums timely to the Ohio Bureau of Workers’ Compensation (BWC).

Through the year, you have been making premium installment payments based on estimated payroll.  Now, as we near the conclusion of 2021 policy year (7/1/2021 through 6/30/2022), BWC will be requiring all private employers to reconcile (“true-up”) the payroll that was used to estimate their premium with their actual payroll for the policy year.   BWC will also be sending information regarding premium installments for the upcoming 2022 policy year (7/1/2022 through 6/30/2023).

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Also in this issue

Workers' compensation
BWC rebate programs >
Premium installment & true-up >
BWC rates >
Group invoices >


Safety

Ohio BWC reimbursing employer
in DFWP programs >

Unemployment compensation

Importance of
unemployment comp
basics & education >

Managed care

Medical treatment
decision making >

Employer
spotlight

Universal Veneer >

 

Training

Client education program: Workers’ compensation >

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