4123-17-35 [Effective 7/1/2016] Public employer state agency contribution to the state insurance fund.

The administrator of workers' compensation, with the advice and consent of the bureau of workers' compensation board of directors, has authority to approve contributions made to the state insurance fund by employers pursuant to sections 4121.121, 4123.39, and 4123.40 of the Revised Code. The administrator hereby sets rates per one hundred dollar unit of payroll to be effective July 1, 2016, applicable to the payroll reporting period July 1, 2016, through June 30, 2017, for public employer state (PES) agencies, including state universities and university hospitals, as indicated in the appendix to this rule.

For the purpose of the payment of costs to the managed care organizations (MCO) that manage the claims of state agencies, including state universities and university hospitals, the administrator hereby sets an additional contribution to the state insurance fund applicable to the payroll reporting period July 1, 2016, through June 30, 2017, for public employer state agencies, including state universities and university hospitals, as indicated in the appendix to this rule. After the end of fiscal year 2016, the bureau will compare the actual and collected costs to account for any overage or shortage in the costs collected. The bureau will apply any overages or shortages to the costs for the next policy year period. The resulting MCO cost rate will be a rate by agency as indicated in the appendix to this rule.

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Effective: 7/1/2016
Promulgated Under: 111.15
Statutory Authority: 4121.12, 4121.121
Rule Amplifies: 4121.12, 4123.39, 4123.40
Prior Effective Dates: 7/1/90, 7/1/91, 7/1/92, 7/1/93, 7/1/94, 7/1/95, 7/1/96, 7/1/97, 7/1/98, 7/1/99, 7/1/00, 7/1/01, 7/1/02, 7/1/03, 7/1/04, 7/1/05, 7/1/06, 7/1/07, 1/1/08, 7/1/08, 7/1/09, 7/1/10, 7/1/11, 7/1/12, 7/1/13, 7/1/14, 7/1/15