Lowering Premiums is Our Business

M-F 8:00 AM - 5:00 PM

28605 Ranney Pkwy Westlake, OH 44145

Blog

News and Updates

Month: June 2022

June 2022 Legal Update: ADA, IRS, EEOC and FLSA

June 2022 Legal Update: ADA, IRS, EEOC and FLSA

Posted By Brandy King
June 28, 2022 Category: Legal Update, Eeoc, Reporting, Deadlines, Ada, Ai, Applicant Tracking Software, Irs, Mileage Rate

IRS Mileage Change Earlier this month, the IRS announced that mileage rates for the last half of 2022 would be increasing $0.04 per mile, in response to the rising costs of fuel. Businesses should update their expense forms and software prior to Friday, July 1, 2022, when the new rates take effect. The standard mileage for business travel will increase to $0.625, and the rate for eligible medical or moving expenses will increase to $0.22. The rate for mileage incurred during service to a charitable organization ($0.14) is unchanged, as it’s determined by a different statute. Most light-duty vehicles get around 25 miles to the gallon, so at $0.04 per mile, reimbursement is roughly one dollar per gallon. The IRs usually sets rates in the fall for the coming tax year. Mid-year changes are fairly rare, and we haven’t seen one since 2011. We’ll keep you updated toward the end of this year when rates are updated again for the 2023 tax year.   ADA Lawsuits Increase ADA lawsuits have been on the rise for the last several years, and they’re showing no sign of slowing down. The Americans with Disabilities Act (ADA) was intended to make things easier for people with disabilities. Sometimes it’s produced other outcomes, like disabled candidates getting fewer offers because employers are worried that the accommodations will be too difficult or expensive to meet. Typically, they aren’t – and remember, the requests have to be

2023 Program Enrollment is Live!

2023 Program Enrollment is Live!

Posted By Brandy King
June 28, 2022 Category: Ohio BWC, BWC Saving Programs, Group Rating, Group Retro, Self Insured PEO

It seems far away (and it is), but enrollment for 2023-2024 Ohio BWC savings programs has already started. We’ve had some other blogs that helped educate employers on how to choose the right TPA, but here are some additional things to be on the lookout for during “open season.” •    Your current TPA will send your renewal for 2023-24 very soon, if they haven’t already. This is usually done in the hopes that you’ll go ahead and process it just to get it off your desk. There’s nothing wrong with taking your time and doing your research. If you send the renewal back to them in July 2022, you’re stuck with them through June 30, 2024.  •    There are some sneaky marketing pieces out there from our competitors. We’ve seen mailers that say, “We value your continued business – your renewal is enclosed!” This would be great if you were actually their client. If there’s a new decision maker, or this ends up going straight to Accounts Payable, now you have a new TPA that you didn’t ask for.  •    Are you being provided with program options - or being re-enrolled in Group Rating every year, with the assumption that your TPA would tell you if it wasn’t the most advantageous? Would Group Retro save you more money, or even an option outside of BWC? What other discount programs can you stack with the program you plan on

Ohio BWC Has Lost Nearly $3 Billion This Year

Ohio BWC Has Lost Nearly $3 Billion This Year

Posted By Brandy King
June 28, 2022 Category: Ohio BWC, 2018 Group Retr0, Ohio BWC Loses Billions

We’ve been keeping you updated on Ohio BWC’s net position, and you may have read last month that they had nearly $1 billion in net investment losses recently. That sounds bad, but it actually gets worse. Throughout June they’ve lost an additional $400 million, bringing their total losses since January 2022 to nearly $3 billion dollars.  As a reference point, that’s roughly two full years of employer premiums down the tubes. Let’s remember that BWC chose not to pay out 2018 and 2019 Group Retro refunds, which would have been a fraction of the money lost. While everyone knows that the market is unpredictable right now, it seems like that $395 million owed to Group Retro participants would have been better off in the hands of the employers who earned it. If you have questions about your 2018 and 2019 Group Retro refunds, don’t hesitate to contact us at Spooner – even if you’re not a Spooner client or weren’t during those policy

Categories
General (71)
Ohio BWC (23)
Safety (22)
Ohio Bwc (20)
OSHA (19)
Workers Compensation (19)
Group Retro (14)
(12)
HR (9)
Osha (9)
Compliance (8)
FMLA (8)
Payroll (8)
PEO (7)
ACES (7)
COVID 19 (6)
Workplace Safety (6)
2018 Group Retro (6)
Group Rating (5)
Safety Training (5)
Ohio Workers Comp (4)
Workers Comp (4)
Human Resources (4)
2019 Group Retro (4)
True Up (4)
MEP (4)
osha (4)
Informal Conference (4)
Reserves (4)
ohio bwc (4)
ohiobwc (3)
OSHA Compliance (3)
Claims Management (3)
Recordkeeping (3)
EMR (3)
OSHA ETS (3)
Hearing Conservation (3)
Outsourcing (3)
workers comp (3)
Osha Inspections (3)
Benefits (3)
Workers\' Comp (3)
DOL (3)
Injury Reporting (3)
FFCRA (3)
Tpa (3)
Professional Employer Organization (2)
OSHA Inspections (2)
Unemployment (2)
Dividends (2)
OHio BWC (2)
Open Enrollment (2)
401k (2)
Retirement Plans (2)
Premium Savings (2)
True Up Reporting (2)
Workers\' Compensation (2)
Osha Compliance (2)
Reportable (2)
1099 (2)
Legal Update (2)
Occupational Health (2)
Employee Benefits (2)
401(k) (2)
NEP (2)
Workers\\\' Comp (2)
SI PEO (2)
group retro (2)
HR Outsourcing (2)
safety (2)
Recordable (2)
Group Retro Assessment (2)
OSHA ITA (2)
OSHA Injury Reporting (2)
OSHA 300A (2)
Remote Work (2)
payroll (2)
PWFA (2)
AED (2)
CPR (2)
First Aid (2)
Federal Contractors (2)
Vaccine Mandate (2)
Employee Retention (2)
Employee Leave (2)
Ohio (2)
2020 Group Retro (2)
Ohio Business (2)
Construction (2)
Ohio BWC Dividends (2)
Finance (2)
Consulting (2)
EFMLA (2)
BWC Premiums (2)
Salary Continuation (2)
MCO (2)
Heat Illness (2)
OhioBWC (2)
Reporting (2)
FLSA (2)
ARPA (2)
MIRA (2)
drugtesting (2)
Program Placement (2)
Occupational Safety (2)
Retirementplans (1)
reasonablesuspicion (1)
Written OSHA Programs (1)
1910.134 (1)
PFT (1)
Respirator Fit Testing (1)
Respiratory Protection (1)
Paychex Fees (1)
ADP Fees (1)
Payroll Processing Fees (1)
Surety HR (1)
Additional Fees (1)
Overcharging (1)
employeetraining (1)
drugfreeprograms (1)
premium savings (1)
amazondsp (1)
hearingconservation (1)
regionalemphasisprograms (1)
heatillnessstandard (1)
warehpuse (1)
distro (1)
2022oshareview (1)
regulations (1)
courierservice (1)
2023 programs (1)
parcelservice (1)
DFSP (1)
ergonomics (1)
safetyintervention (1)
grantmoney (1)
safetygrant (1)
employmentpolicy (1)
Deductibles (1)
Polcy Combination (1)
15K (1)
workplacediscrimination (1)
Fire Prevention (1)
National Fire Safety (1)
legalupdate (1)
Commercial Banking (1)
Interest Rates (1)
Loan Forgiveness (1)
Ppp Loan (1)
Line Of Credit (1)
Acquisition Capital (1)
marijuanalegalization (1)
Business Banking (1)
Claim Costs (1)
overtimeexemptions (1)
TTD (1)
Ascentis (1)
Novatime Discontinued (1)
Timekeeping (1)
Independent Contractors (1)
ohioissue2 (1)
Safety Software (1)
Paying Cash For Treatment (1)
employeebenefits (1)
Cash Payment (1)
Transfer Of Experience (1)
childrensmuseum (1)
MA (1)
Acquisitions (1)
Mergers (1)
Christmas Parties (1)
Lawsuits (1)
Holiday Parties (1)
Gap Analysis (1)
ohiomarijuanalaws (1)
Legal (1)
Employee Benefits Checklist (1)
Group Retro Refunds (1)
Ohio Workers Comp (1)
Costumes At Work (1)
Food Safety (1)
Halloween Party (1)
Accident Reporting (1)
ITAreporting (1)
human resources (1)
non profit (1)
departmentoftransportation (1)
workers compensation (1)
2023 base rates (1)
2023mcoopenenrollment (1)
Mcoreportcard (1)
dot (1)
Mcoopenenrollment (1)
Mco (1)
Ohiobwc (1)
Ohio Bwc Workers Comp Ncci Manual Codes Base Rates (1)
Group Retro Lawsuit (1)
Public Relations (1)
Catastrophic Claim (1)
oralfluidtesting (1)
salivatesting (1)
Industrial Commission (1)
Voluntary Abandonment (1)
White Collar Exemption (1)
Overtime Rule (1)
group rating (1)
BWC reporting (1)
Group Rating Renewal (1)
heatillness (1)
losing RFPs (1)
alternative to ohio bwc (1)
professional employer organization (1)
heatstress (1)
Ohio Tpa (1)
inspections (1)
heatstroke (1)
safetycouncil (1)
mandate (1)
bwc premiums (1)
rebateprograms (1)
Top Managed Care (1)
workerscomp (1)
safetytraining (1)
Best Ohio Mco (1)
Ohio Mco (1)
Mco Open Enrollment (1)
true up (1)
Severance (1)
Employment Law (1)
sciencemuseum (1)
workplacesafety (1)
PUMP Act (1)
Non Compete Ban OSHA Penalty (1)
Retirement (1)
Secure 2.0 (1)
Ohio Minimum Wage (1)
Ohio Workers\' Comp (1)
Soft Tissue Injury (1)
Walking Working Surfaces (1)
Workplace Injury (1)
Hr Update (1)
Slips Trips Falls (1)
Handicap Reimbursement (1)
forkliftoperator (1)
STEMcamps (1)
ohio premium savings (1)
ohiozoo (1)
daytonmuseums (1)
ohioplanetarium (1)
Plans (1)
2018GroupRetro (1)
cdl (1)
Citations (1)
Combustible Dust Nep (1)
Fairfax Memo (1)
commercialdriver (1)
Missing Refunds (1)
Safety Consulting (1)
One Claim Program (1)
Dfsp (1)
Ohio Safety Congress (1)
Loto (1)
oshaNEP (1)
Bwc Rate Reduction (1)
2023 Bwc Rates (1)
Bwc Update (1)
Spooner Safety Series (1)
safety council (1)
2024 py (1)
2 Hour Training (1)
missingrefunds (1)
ohioSTEMlearning (1)
Wage And Hour (1)
Spooner Group Rating (1)
PAR (1)
Group Retro Assessments (1)
Claim Reserves (1)
Managed Care Organizations (1)
Medical Costs (1)
Financial Security (1)
Retention Tools (1)
Mid Sized Employer (1)
Small Employer (1)
Safety Council Program (1)
Experience Period (1)
Bwc Safety Council (1)
Refunds (1)
OSHA 300 (1)
LO/TO (1)
Opening Conference (1)
Surprise Inspection (1)
Healthcare Industry (1)
Emergency Temporary Standard (1)
Pros And Cons Of PEOs (1)
Coronavirus (1)
Employer Requirements (1)
Retirement Plan (1)
First Responder Training (1)
Medical Treatment (1)
Insurance Premiums (1)
MIRA II (1)
Underwriting (1)
Ohio Workers Compensation (1)
Investment (1)
Retirement Savings (1)
Group Retrospective Rating (1)
COVID 19 Workers Comp Claims (1)
PPE (1)
Regional Enforcement Program (1)
Audiogram (1)
Michigan (1)
Indiana (1)
OSHA Region 5 (1)
True Up Deadline (1)
Bwc Compliance (1)
Payroll Reporting (1)
International Travel (1)
Dewine (1)
Retro Refunds (1)
Claims Costs (1)
CFO Services (1)
BWC Administrative Fees (1)
Premium Increase (1)
Surplus Fund (1)
BWC Dividends (1)
COBRA (1)
EPSL (1)
American Rescue Plan ACT (1)
Spooner Medical Administrators (1)
Mod (1)
Managed Care Organization (1)
MCO Open Enrollment (1)
Health And Safety (1)
Training (1)
Disability Management (1)
Important Deadlines (1)
Reimbursement Fund (1)
15k Program (1)
News (1)
Finanancial Services (1)
Safety Score (1)
Ohio Mask Mandate (1)
OSHA Updates (1)
300A (1)
Spoonerinc (1)
Workerscomp (1)
Secretary Of Labor (1)
OSHA Citations (1)
Violence In The Workplace (1)
HCS (1)
HAZCOM (1)
Administrative Support (1)
DART (1)
ACA Reporting (1)
Group Retro Refunds Withheld (1)
Negligent Hiring (1)
Termination Guidance (1)
Employment Lawsuits (1)
Ohio Employment Law (1)
Employee Handbooks (1)
HR Compliance (1)
WPAFB (1)
Rebate (1)
Winter Safety (1)
Mileage Rate (1)
HAL (1)
Hearing Protection (1)
Noise Monitoring (1)
Audiograms (1)
Audio (1)
Fraudulent Claims (1)
Work From Home (1)
RRI (1)
UPA (1)
Hospitals (1)
OSHA PEL (1)
Nursing Homes (1)
Patient Care (1)
Focused Inspection Initiative (1)
DepartmentofLaborAudit (1)
Family Medical Leave Act (1)
HR Issues (1)
Department Of Labor (1)
DOL Fines (1)
FMLA Fines (1)
Decibel Level (1)
OSHA REP (1)
DOL Audits (1)
Self Insured PEO (1)
Irs (1)
Applicant Tracking Software (1)
Ai (1)
Ada (1)
Deadlines (1)
Eeoc (1)
Ohio BWC Loses Billions (1)
2018 Group Retr0 (1)
BWC Saving Programs (1)
Mandate (1)
Occupational Noise (1)
Baseline Audiogram (1)
Audiometric Testing (1)
Osha Region 5 (1)
Regional Emphasis Program (1)
Savings Programs (1)
Safety Council (1)
Inspections (1)
Heat Stroke (1)
FMLA Lawsuit (1)
Safety Services (1)
Winter Weather (1)
Teleworking (1)
Administrative (1)
Billion Back (1)
BWC Overfunding (1)
BWC Net Position (1)
Protecting Teleworkers (1)
Ergonomics (1)
Home Office Safety (1)
Remote Worker Safety (1)
Working From Home (1)
ADA (1)
WFH (1)
Life Saving Skills (1)
Ice Injury (1)
Slips Falls (1)
Hypothermia (1)
Frostbite (1)
Recordables (1)
Cold Safety (1)
Cold (1)
ASO (1)
Medical Leave (1)
Investigations (1)
Spooner Safety Seminars (1)
Osha 300a (1)
Site Specific Targeting (1)
Osha Abatement (1)
Osha Sst (1)
Training Credits (1)
HR Continuing Education (1)
HR CE (1)
BWC Training (1)
HR Consulting (1)
Absence Management (1)
Self Insuring (1)
SuretyHR (1)
Agriculture (1)
Manufacturing (1)
Ohio Bwc Base Rate Increase (1)
OHio BWC Base Rate Reduction (1)
Ohio Workers Comp Rates (1)
OSHA Settlement Negotiations (1)
Abatement (1)
NLRBsection7 (1)
+ Show More

Login
© Spooner Inc.
Powered by Virteom Virteom Logo