TOLEDO - Just imagine Illinois employers being notified that they were going to get back 40 percent of what they paid into workmen's compensation in 2013. You'll have to keep dreaming if you're an Illinois employer, but it's really happening in Ohio.
Ohio Gov. John Kasich announced plans Wednesday to refund another $1 billion in workers’ compensation premiums, Maggie Thurber of Ohio Watchdog.com writes.
The plan, “Another Billion Back,” would be the second time the state has refunded $1 billion to workers’ compensation customers. Some 184,000 private and 3,800 public employers likely are to receive a portion of the rebate.
The governor also announced a new investment in employee safety training programs.
“Sound fiscal management and a well-executed investment strategy continue to put (the Bureau of Workers’ Compensation) in a position where it can return money to its customers — Ohio’s employers — but also to workers in the form of initiatives that help them stay safe on the job,” Kashich said during the announcement.
“Ohio continues its effort to transform the workers’ comp system to be a better partner with employers and workers to help them succeed and stay safe, and the ability to make these types of significant rebates is part of that effort.”