Categories: Policy & Regulation, Safety, Workers' Compensation,
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Ohio Employers: If you had a workers’ comp claim in 2014, you need to complete your safety training by June 30th

The Ohio Bureau of Workers’ Compensation (BWC) has identified a set of rules within the Ohio Administrative Code (OAC). According to OAC code 4123-17-68, if an employer that participates in the group rating or group retrospective rating plan sustains a claim within the “green period,” the employer shall complete either of the following: The bureau’s Read More

Categories: Policy & Regulation, Workers' Compensation,
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Are you a new employer to Ohio, and need to select your MCO?

Why is selecting an MCO important to my business? Workers’ compensation cost can have an adverse effect on a business’s bottom line. The less lost-time days incurred for your workers’ compensation claims, the lower your premiums could be. Therefore, you should make sure your MCO is a good fit for your business philosophy. When making Read More

Categories: Policy & Regulation, Unemployment,
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Ohio unemployment benefits could be reduced under proposed bill

Ohio lawmakers are pushing new legislation that would reduce unemployment benefits and enforce new eligibility requirements to help strengthen the state’s insolvent unemployment benefits system. The overhaul will increase the taxable wage base for employers and reduce workers’ eligibility for benefits. Zach Schiller, Research Director at Policy Matters Ohio said, “Slashing worker benefits and lowering Read More

Categories: Policy & Regulation, Workers' Compensation,
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Group Retro is changing, and refunds are expected to go down.

On September 24th, the Bureau of Workers’ Compensation (BWC) Board of Directors approved a change to the group retrospective rating program that will increase BWC’s overall premium income by approximately $15.4 million annually. This represents a 6.3% increase and impacts participants in the group retrospective rating program beginning July 1, 2016. The change adds a Read More

Categories: Benefits Management, Human Resources, Policy & Regulation,
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ACA Reporting Requirements are Coming…Are You Ready?

The Affordable Care Act (ACA) is the biggest healthcare change in over 100 years. Without comprehensive data integration between these systems, it will become increasingly more difficult to maintain compliance. The ACA reporting and compliance requirements affect companies with 50 or more full-time or full-time equivalent employees. Full-time status is defined as 30 or more Read More

Categories: Benefits Management, Policy & Regulation,
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Are You Maximizing Your HSA Benefits?

People don’t think of health savings accounts (HSA) as a long-term benefits option and they overlook its’ value as a savings tool. A study from UMB Healthcare Services found that less than one percent of participants maxed out their allowable contributions. People are accustomed to using HSAs in the same manner they use their flexible Read More

Categories: Policy & Regulation,
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Sheakley is committed to making a difference for kids in Cincinnati!

The Boys & Girls Club of Greater Cincinnati, in partnership with Larry and Rhonda Sheakley, is opening a new facility and we’re excited to be a part of this new venture! BGCGC is a leading regional organization that provides at-risk youth the tools and support needed to secure a successful future. The Larry and Rhonda Read More

Categories: Benefits Management, Policy & Regulation,
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Individual 401k Contribution Limits Increased for 2015

Can you believe that the year is almost over? Before you know it, Thanksgiving and Christmas will be here and gone, then we’ll be in 2015! Keep an eye out as we’ll be sharing some helpful information to keep your business informed as we move into a new year. In late October 2014, the IRS released Read More

Categories: Policy & Regulation, Workers' Compensation,
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Some Things You Need to Know About Ohio BWC Prospective Billing

As you may already know changes are coming for workers’ compensation in Ohio that stem from the Ohio Bureau of Workers’ Compensation’s (BWC) moving to a prospective billing system. The change may impact areas of your workers’ compensation program, so we’re here to help you. Prospective billing is an insurance industry standard practice that will enable the Ohio Read More