“As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.”
~ John Fitzgerald Kennedy
This is a busy time of year in workers’ comp, as we file our traditional Group Rating Programs this week. During busy times such as these, it is so easy to forget to be thankful. It may sound like a cliché, but we are very appreciative of the opportunity to work with you and your business each year. Please reach out to any of us here with questions; we are all glad to help.
- November 13, 2017 is the Group Rating enrollment deadline. Companies already in group rating with CareWorksComp and who qualify for the 2018 rate year, will be automatically renewed into next year’s program.
- December 31, 2017 is the last day to submit offer and acceptance forms (TWB-2) for July 2016 Transitional Work Bonus Program participants.
- January 24, 2018 is the deadline to enroll in Group Retrospective Rating programs.
- January 31, 2018
- Individual retro rating application deadline for 7/1 start
- One Claim Program (OCP) program application deadline for 7/1 start date.
- Application deadline for the BWC’s Deductible program for 7/1 start date.
Unemployment Taxable Wage Base Increases for 2018: Ohio employers will be paying more unemployment taxes in 2018 mainly due to an increase in the taxable wage base. The Ohio Department of Job and Family Services (ODJFS) has raised the taxable wage base from $9,000 per employee to $9,500 per employee. In addition to this increase, the tax table used by ODJFS has shifted upward for 2018 which will also have an impact on the amount of unemployment taxes Ohio employers will pay.
CareWorksComp can assist you in controlling unemployment claims and taxes. Employers who would like an analysis of their tax notice, or to learn more about different tax options (such as common/joint rating) may contact Kammy Staton, our Unemployment Manager, at 614.526.7165 or firstname.lastname@example.org.
Employers Working with Persons with Developmental Disabilities Program: BWC offers specific, and generous, safety grants to employers who are looking to ensure their employees’ safety when performing services for developmentally disabled children and adults. The Employers Working with Persons with Developmental Disabilities Program (EWPDD) grant offers financial assistance to purchase training and/or equipment that may help eliminate or reduce injuries related to working with the developmentally disabled. More information and eligibility requirements: CLICK HERE!