Ohio Administrative Code
Title 4123 - Bureau of Workers' Compensation
Chapter 4123-17 - General Rating for the State Insurance Fund
Section 4123-17-01 - Annual rate revision, method of adoption, effective date, publication
Universal Citation: OH Admin Code 4123-17-01
Current through all regulations passed and filed through September 16, 2024
(A) Private employers.
(1) The annual revision of premium
rates as provided in division (B) of section
4123.34 of the Revised Code
applies to all renewals, reinstatements, and new coverage effective on or after July first of
each year, unless otherwise specifically provided.
The bureau of workers' compensation may adopt such
changes in classification of occupations or industries with respect to their
degree of hazard as will best serve to determine the risks of the different
classes of occupations and will enable the establishing of appropriate premium
rates measured by the hazard involved.
(2) The revised premium rates and changes in
classification of occupations or industries with respect to their degree of
hazard, as provided in paragraph (A)(1) of this rule,
will be
adopted by rules recommended by the administrator of
workers' compensation and with the advice and consent of the bureau of
workers' compensation board of directors as provided under division (F) of
section 4121.12 of the Revised
Code.
(3) The rule with any revised
premium rates and changes in classification of occupations or industries
attached thereto, will be filed in
accordance with section
111.15 of the Revised Code. Any
revised premium rates and changes in classification of occupations or
industries become effective on the date indicated on the filed rule.
(B) Public employers, taxing districts.
(1) The annual revision of premium
rates for the taxing districts, as provided in section
4123.39 of the Revised Code,
applies to all renewals, reinstatements, and new coverage effective on or after January first
of each year, unless otherwise specifically provided. The bureau may adopt such changes in classification of
occupations or industries with respect to their degree of hazard, as will best
serve to determine the risks of the different classes of occupations and will
enable the establishing of appropriate premium rates measured by the hazard
involved.
(2) The revised
premium rates and changes in classification of
occupations or industries with respect to their degree of hazard as
provided in paragraph (B)(1) of this rule,
will be adopted
by rules recommended by the administrator and with the advice and consent of
the
bureau's board of directors as provided under
division (F) of section
4121.12 of the Revised
Code.
(3) The rule with
any
revised premium rates and changes in classification of
occupations or industries attached thereto,
will be filed
in
accordance with section
111.15 of the Revised Code.
Any
revised premium rates
and changes in
classification of occupations or industries become effective on the date
indicated on the filed rule.
(C) Public employers, state of Ohio, its agencies and instrumentalities.
(1) The annual
revision of contribution rates for the state of Ohio, its agencies and
instrumentalities, as provided in section
4123.40 of the Revised Code, for
all state agencies
is effective July first of each year.
(2) The revised contribution rates as
provided in paragraph (C)(1) of this rule
will be adopted
by rules recommended by the administrator and with the advice and consent of
the
bureau's board of directors as provided under
division (F) of section
4121.12 of the Revised
Code.
(3) The rule with the revised
contribution rates
will be filed
in accordance with section
111.15 of the Revised Code. The
revised rates become effective on the
date indicated on the filed rule.
Disclaimer: These regulations may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.