Work it Out Blog

Ohio Bureau of Workers' Compensation Agrees to Pay Businesses up to $420 Million in Settlement

Jul 24, 2014
On July 23, 2014, the Ohio Bureau of Workers’ Compensation entered into a settlement agreeing to repay up to $420 million to Ohio businesses that were overcharged for workers’ compensation premiums from July 2001 to June 2009. This means there will be no further litigation if the court approves the settlement. An estimated 270,000 small businesses in Ohio were affected by the overcharges and may be eligible for repayment from the BWC.
 
The settlement agreement is currently awaiting approval from the Court of Appeals.  Once approved, eligible businesses will be instructed on how to submit a claim for repayment.  
 
If you have any questions about the settlement agreement please contact your Day Ketterer attorney at (330) 455-0173.   

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