Helping Your Company Achieve Best Group Rates
Ohio Concrete partners with Sedgwick (formerly CareWorksComp) to help employers achieve the highest group rating discount possible. Sedgwick analyzes each employer’s unique claim and premium history to find the highest level of savings from the Bureau of Workers Compensation (BWC) maximum to a smaller percentage for companies with claims.
Save Significantly on Your Workers’ Compensation Premium
Did you know that many alternative discounts are available to help reduce your annual Ohio workers’ compensation costs? Through the Sedgwick workers’ compensation program, your organization can significantly reduce your workers’ compensation costs through a variety of alternative rating programs. Sedgwick offers you quality service and stability through the complex workers’ compensation environment.
For over 50 years, Sedgwick has been helping employers navigate Ohio’s workers’ compensation system, providing services to help them control claim-related costs and reduce premiums. Their team includes the experienced colleagues from CompManagement and CareWorks Comp. The two companies merged and are now Sedgwick. Together, they serve nearly 65,000 Ohio employers including organizations of all sizes operating in various industries across the state. Group rating programs administered by Sedgwick have produced over $4 billion in savings since group rating was introduced in 1991, and their group retrospective programs have returned over $630 million in premium refunds since the program began in 2009.
If your organization is not yet participating in this member benefit, and you would like to receive a free, no-obligation analysis from Sedgwick, Click Here or email Cordell Walton at 614-827-0398, cordell.walton@sedgwick.com.
Sedgwick Safety Resource Page : www.sedgwick.com/ohiotpa/resources
Group-Rating Safety Accountability Letter
Dear Employer:
Each year Ohio employers have the opportunity to participate in BWC’s Group-Experience-Rating Program or Group-Retrospective-Rating Program. While these programs are not required, they do provide you with an opportunity to significantly reduce your workers’ compensation premiums, while increasing your awareness of safety and risk-management strategies.
Workplace safety is an important component of these programs. To succeed in accident prevention, we encourage you to use the many resources available to you. We believe a group-rating program is a partnership that includes you and your employees, your sponsoring organization or third-party administrator (TPA) and BWC. Each has specific roles and responsibilities, all designed to assist in preventing workplace accidents. This letter outlines the safety services expectations you should have as an employer enrolled in a group-rating program.
Better Health Pays Off
Employers can us Better You, Better Ohio! to help manage and reduce their workers’ compensation and health-care costs by having a healthier workforce. Meanwhile, workers can earn financial rewards for taking steps to improve their health and wellness such as completing a health assessment and a biometric screening. If you are interested in offering a wellness program to your workers, please contact the BWC.
10-Step Business Plan for Safety
BWC’s 10-Step Business Plan for Safety is the primary component of many of their cost-saving programs including, Drug-Free Safety Program, individual-retrospective rating and experience modifier (EM) capping. However, all employers can benefit from implementing this plan.
Here you’ll find more details on each of the 10 steps. The BWC defines each step, outlines requirements and provides implementation suggestions and resources.
- 10-Step Business Plan for Safety manual – offers additional resources and a plan check list. Download or order by going to our forms and publications page.
- Self-Assessment for the 10-Step Business Plan for Safety (SA-5) – Formerly used with the Premium Discount Program +, we’ve recently revised this form to apply to any BWC program that requires an annual assessment or simply to assist employers in gauging how successful their efforts are.
