New Billing System in Place - First Invoice Due Aug. 31

The way workers' compensation coverage is billed recently changed for private employers in Ohio as the BWC transitions to prospective billing.

The BWC previously billed private employers retroactively for converage, but now requires paying in advance for premiums.

A $1.2 billion transition credit is being provided by the BWC to avoid double-billing employers during the transition.

The new billing system offers a number of benefits, including more flexible payment options and better customer service.

The BWC mailed a notice of estimated annual premium to private employers in late May. It includes information about how to request changes to estimated payroll, and how to file a true-up report at the end of the policy year.

If businesses have not received this notice, or if their estimated payroll is different than what appears on the notice, they should call the BWC at 1-800-644-6292.

Businesses are reminded to submit their payroll reports for January 1 to June 30, 2015 by August 31 to receive the transition credit equal to their premium for that time period.

The first invoices under the new billing system will be issued August 1 and due August 31.

Public employers will switch to prospective billing beginning January 1, 2016.

More information about prospective billing, including videos and webinars, is available at:

bwc.ohio.gov

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