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Author: Spooner Incorporated

What is the 15k Program? How Does it Work?

By Spooner Incorporated
January 15, 2019 Category: 15k Program, Program Placement

Spooner Inc., has partnered with Virteom to engage our customers and users in our services and how we help business owners save money in the long run. In our video series, Jacqui and Joe talk about what Spooner Inc. does to save you money and how it all works. Today were talking about the 15k program and how it can save you money. Watch or read the transcription below! What is the 15k program? The 15k program is a great program that the bureau rolls out. It is another way for a company to potentially mitigate their risk on a claim. When we say that, we mentioned in another video, that there are safe driver claims (watch here) and those claims stick with you for four or five years down the road. That impact can be more significant than what the bureau actually pays for. The 15k program is for group rated employers who are safe drivers. If employers have employees with a clean driving record, they can choose to keep themwithin the 15K program and pay per dollar on the coin. If somebody

Changes to the Ohio Bureau of Workers' Compensation for 2019

By Spooner Incorporated
January 04, 2019 Category: Workers Compensation, Ohio BWC, Group Retro

Spooner Inc., has partnered with Virteom to engage our customers and users about our services. Giving you the behind the scenes of how we help business owners and employers. In our video series, Jacqui and Joe talk about what Spooner Inc., does and how it all works! This video is about all of the changes the Ohio Bureau of Workers Compensation has coming in 2019. Watch or read the transcription below! We work a lot with the Ohio Bureau of Workers Compensation and in 2019, there are some changes that may affect employers and your clients. Whats the Deal with Billion Back? A lot of employers have seen the billion back refunds that have gone out four of the last seven years now. I think, in an attempt to battle that discussion of why are you able to give a billion back, the bureau is starting to give some discounts upfront to employers. They wanted to help out employers specifically that arent getting group rating, an up front discount for safe drivers, was discussed in our previous video.

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General (62)
Group Retro (2)
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Workers Compensation (2)
Ohio BWC (2)
DepartmentofLaborAudit (1)
News (1)
15k Program (1)
Workers\' Compensation (1)
Reimbursement Fund (1)
Salary Continuation (1)
Worker\'s Compensation (1)
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