Blog

Important Dates For The Ohio BWC 2019 Policy Year

Spooner helps clients stay on track with the Ohio BWC policy year | Cleveland, Ohio

The Ohio BWC 2019 Policy Year

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 Deadline

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.

Important Deadlines for Ohio BWC Schedule:

January 31, 2019: 2019 Group Retro Enrollment Deadline
July 1, 2019: Beginning of 2019 policy
August 15, 2019: True-up Report Deadline
September 20, 2019: Snapshot date for experience calculation
November 25, 2019: 2020 Group Rating Enrollment Deadline

How Spooner Can Help Employers with the BWC Schedule

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.

Spooner helps clients stay on track with the Ohio BWC policy year | Cleveland, Ohio

Loading Form...

Most Recent

Update on Non-Compete Ban for 2025

Posted By Brandy King
December 16, 2024 Category: Non Compete, Employment Law, Non Solicitation Agreement, Ohio

FTC’s Non-Compete Ban Blocked, But Gray Area Remains In early 2023, the Federal Trade Commission (FTC) introduced and finalized a rule banning the use of non-competes. Employers, Chambers of Commerce and trade organizations rallied against the new rule claiming it was anti-employer, some going as far as calling it “blatantly awful.” As expected, the change was met with litigation and in August of 2024, the ban was struck down by a federal judge in Texas who claimed the FTC overstepped its authority by issuing the rule. A non-compete (or non-competition agreement) is an agreement in which the employee agrees not to engage in conduct or activities that could increase competition for their employer. These types of arrangements are prevalent in finance, healthcare, design, tech and all types of sales or business development roles. They’re meant to protect things like trade secrets, privileged info and client retention. Non-competes aren’t the same as non-solicitation clauses. These agreements err more toward not calling on your former clients in your new role. Here’s an example of differentiating between the two. Non-Compete: “Upon leaving ABC Company, you may not engage in a similar role for another insurance company within a 50-mile radius.” Non-Solicitation: “Upon leaving ABC Company, you may not solicit (contact/call on) clients of ABC Company in your new role with another insurance company.” For now, bo

Benefits Recap: Reminders for 2024 & Changes for 2025

Posted By Brandy King
December 16, 2024 Category: Contribution Limits, Employee Benefits, Retirement Plans, HSA, FSA, ACA

ACA Updates & Reminders It’s almost time for ACA reporting! There aren’t any major changes this year, but here are some items to be aware of for the 2024 tax year. The employee distribution deadline for the 1095-C forms is March 3, 2025. Since the 2023 tax year, the IRS requires all employers with more than ten (10) forms to report electronically. Employers can complete this either directly through the IRS website or through a third-party provider. Corrected forms are also required to be submitted electronically. If you’re submitting 10 or fewer forms, you can still file on paper. The deadline for this is February 28, 2025. The deadline for e-filing 1095-C and 1094-C forms to the IRS is March 31, 2025. Keep in mind that there could be additional ACA state reporting requirements for your organization with differing deadlines. The states to pay special attention to are California, New Jersey, Massachusetts, Rhode Island, and the District of Columbia. Updated penalties and affordability percentages. The ACA penalizes Applicable Large Employers (ALEs) that don’t offer what’s considered affordable coverage to full-time employees (FTEs). The affordability percentage is the maximum amount of an employee’s pay that “Employee Only” coverage can cost the employee in order to be considered affordable by ACA. For 2024, that percentage is 8.39%. The affordability percentage will jump to 9.02% for 2025, and the associated fines will

Additional Drug-Free Program Savings for Spooner Clients

Posted By Brandy King
December 16, 2024 Category: Dfsp, Drug Testing, Drug Screens, Ohio Bwc, Sur Program, Substance Abuse Recovery

Ohio’s recreational marijuana sales have started! Spooner clients who haven't had a recent review of their drug-free policy can take advantage of a no-cost, no-obligation policy review by First Connect Corporate Services. Our clients who need an update or new policy development will have access to discounted pricing when they mention Spooner. To take advantage of this offer, email your drug free policy to lisawade@firstconnectplus.com and identify your company as a Spooner client. Don’t forget, there is a reimbursement available to Ohio employers current on their workers’ compensation premium that will cover the costs of policy development or update, employee or supervisor training or Train the Trainer programs. Some drug testing is even included. For most employers, the reimbursement means zero out of pocket when using First Connect as the provider. Since 2004, First Connect has been a leading provider of drug free program development and training services in the state of Ohio. For more information, please visit their website at www.firstconnectplus.com or call 855.990.5500 and speak to Lisa