4123-17-18 Employer premium discount rate.

(A) Any private fund employer that is in compliance with section 4123.35 of the Revised Code, except those that are self-insuring, may be eligible for a discount on premium rates. The premium discount rate shall be determined by the bureau of workers’ compensation and shall apply only to the prospective premium rate of the qualified employer.

(1) In order to qualify for a premium discount rate, the eligible employer must meet the following criteria:

(a) The employer must not have incurred a compensable injury for one calendar year or more; and

(b) The employer shall maintain an employee safety committee or similar organization or make periodic inspections of the work place. If a discount is granted and a claim for a compensable injury or disease subsequently is filed for the calendar year n which the discount is based, the employer’s premium rate shall be increased by the amount of the discounted premium rate.

(2) For the purpose of this rule, “compensable injury” includes all claims whether for injury, occupational disease, or death, in which payment has been made for either compensation or medical benefits pursuant to sections 4123.56 to 4123.59 or section 4123.66 of the Revised Code.

(3) The bureau of workers’ compensation, with the cooperation of the division of safety and hygiene, may investigate employers for compliance with the criteria of this rule. To assist in this matter, the division of safety and hygiene shall maintain a list of employers that have established employee safety committees or similar organizations or make periodic safety inspections of the work place.

(B) Any county or public employer taxing district employer may be eligible for a discount on premium rates.

(1) In order to qualify for a premium discount, the county or public employer taxing district employer must pay its total proper contribution for premiums due to the bureau on or before May fifteenth of each year.

(2) The discount rate will be based upon the three month treasury bill rate as of the auction immediately after December first of the previous year, applied at an annualized rate to the portion of premium paid in advance.

(3) The administrator may provide the discount through a refund or an offset against future contributions due.

R.C. 119.032 review dates: 09/09/2004 and 03/01/2008

Promulgated Under: 119.03

Statutory Authority: 4121.11, 4121.13, 4121.30, 4123.05

Rule Amplifies: 4123.34, 4123.41

Prior Effective Dates: 8/22/86 (Emer.), 10/17/86 (Emer.), 1/10/87, 12/14/92, 11/19/93