BWC Premium Rate Changes effective July 1, 2010

Thursday July 01, 2010

PRESS RELEASE

CONTACT: FOR IMMEDIATE RELEASE

Kelly Mohr, Marketing Assistant

CareWorks Consultants, Inc.

614.526.7128 / 800.837.3200, ext. 7128

BWC Premium Rate Changes effective July 1, 2010

The Ohio Bureau of Workers’ Compensation (BWC) Board of Directors recently approved premium rate changes for private employers for the upcoming policy year beginning July 1, 2010. BWC indicated that this rate change will amount to a 3.9 percent overall decrease in collectible premium rates. However, actual premium and rate changes will vary from employer to employer. This change will be realized by employers when they pay their semi-annual premiums in January/February 2011 and again in July/August 2011.

Private employers can expect to receive new premium rate notices from the BWC in July showing their manual classifications and new premium rates effective July 1, 2010.

CareWorks Consultants, Inc. (CCI) is able to address any questions or concerns regarding your new July 1, 2010 rate notice from BWC or your future premium payments. Employers that have questions or require additional information should contact CareWorks Consultants, toll-free at 1-800-837-3200.