If your newspaper is currently purchasing workers’ compensation coverage through the Ohio Bureau of Workers’ Compensation (BWC), the ONA can easily save you money. While Ohio law requires all employers with one or more employees to carry workers’ comp–which protects employers and employees from the financial risks of workplace accidents–the BWC also lets employers purchase this coverage through trade organizations like the ONA. This type of group rating plan allows employers to group together for lower premium rates than they could achieve on their own.
Through the ONA’s partnership with the Ohio Farm Bureau Federation, your newspaper can achieve significant savings on your BWC workers’ comp premium. The ONA’s group rating plan is run by CompManagement, which upon request will provide your organization with an estimate of how much your newspaper can save.
- Group Rating Program – discounts typically range between 15 percent to the maximum discount available from the Ohio Bureau of Workers’ Compensation which for policy year 2012 was 53 percent.
- Stacking Options – add on participation in Destination Excellence (1 – 3 percent), Drug Free Safety Program (4 – 7 percent), $15,000 Medical Only Program, and Safety Council performance bonus (2 percent).
To receive a free, no obligation savings quote, contact CompManagement’s Customer Support Unit at (800) 825-6755, option 3 or visit http://resources.compmgt.com/AC3/GroupRating.aspx?Organization=OhioNewspaperAssoc to complete online.