Retrospective Rating - The retrospective rating plan is an alternative rating plan that allows you to initially pay the BWC a fraction of your regular premium, but requires you to assume risk for out of pocket claim payments with specific limits. The more risk assumed reduces your initial minimum premium to the BWC. We can offer a specific analysis to help you evaluate the potential value of this program to your company. Contact us today!
Ohio BWC makes changes to Minimum Premium Percentages Tables