Friday, August 22, 2025
News Release: 8/22/2025
NEWS RELEASE Aug. 22, 2025 Rate cut saves public employers nearly $2 million COLUMBUS— Ohio’s public employers will pay nearly $2 million less in premiums next year due to a 1% rate reduction approved by the Bureau of Workers' Compensation (BWC) Board of Directors today. This reduction will become effective Jan. 1, 2026, and has a projected annual premium decrease of approximately $1.8 million. This follows a 6% rate cut for private employers that took effect on July 1, 2025, saving employers