The Ohio Bureau of Workers Compensation (BWC) will set a schedule every year for both private and public employers. It's very important for employers to know what the dates are for these important deadlines, especially when the policy year begins and ends.
July 1st is the beginning of the 2019 policy year. This means that the 2018 BWC policy year won't end until June 30th.
True-up is a process that requires Ohio employers to report their payroll for the previous policy year. This allows the BWC to accurately calculate your premium. A true-up report is also necessary for maintaining your policy and your eligibility in your current rating plan or discount programs. This is important for all employers in the private sector because if you don't true-up, then you will not be eligible for programs in 2020.
There are a lot of crucial dates for Ohio employers to remember when it comes to the Ohio BWC schedule. As a third-party administrator, Spooner can help employers keep up on these important deadlines.
Our first step to keep Ohio Employers up to date on the BWC schedule is communication. Whether it's a phone call, email, and a quick video like this one, we make sure to keep all of our clients on track with these dates. We make sure you know what these deadlines are and when they're approaching. We are here for you to ask us questions about the process, what you need before these deadlines and anything else you might need clarification on.
If you are an Ohio Employer, whether private or public, Spooner is here to help you stay on schedule, so you do not miss out on any of the programs and benefits that the Ohio BWC has to offer you. Contact us today if you have any questions about this year's Ohio BWC schedule and its deadlines.