Monday, December 31, 2012

270,000 Ohio employers win workers' comp ruling - Logan Daily News: News: general news, hiring and recruitment, wages and salaries, legal proceedings, personnel

The issue at the core of this ruling is the difference between premiums paid by those companies that participated in "group rating" programs and business that could not qualify for the discount programs. 

Business that had a bad loss ratio did not qualify for the "group discounts" because their experience would have a negative effect on all employers that participated in the "group rating" programs and therefore were excluded from participation.  The excluded group has argued that the large "group discounts" were too high and that they were not paying enough in premium to pay for their fair share of losses.  This created an situation through which  the employers that were excluded from the "group rating" program paid more by default. 



270,000 Ohio employers win workers' comp ruling - Logan Daily News: News: general news, hiring and recruitment, wages and salaries, legal proceedings, personnel:

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