Ohio Administrative Code
Title 4123 - Bureau of Workers' Compensation
Chapter 4123-17 - General Rating for the State Insurance Fund
Section 4123-17-45 - Initial computation
Universal Citation: OH Admin Code 4123-17-45
Current through all regulations passed and filed through September 16, 2024
(A) The hazard group for an employer shall be determined as follows:
(1)
The employer's
experience-rated premium is totaled for each hazard group for the most recently
completed policy year. The employer's hazard group is the group with the
highest percentage of premium for the recently completed policy
year;
(2)
For an employer new to Ohio without a reported payroll,
the hazard group is based on the employer's application for workers'
compensation coverage;
(3)
Hazard groups are defined as follows:
(a)
For private
employers, appendix C to rule
4123-17-72 of the Administrative
Code; and
(b)
For public employer taxing districts, appendix E to
rule 4123-17-72 of the Administrative
Code.
(B) The bureau shall notify the employer of the estimated minimum premium percentage based on the limits selected by the employer and the payroll of the employer. The premium rates on the payroll reports received by the employer for the policy year will be calculated using the minimum premium per cent and the premium sized adjustment described in rule 4123-17-03.3 of the Administrative Code.
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.
