Current through all regulations passed and filed through September 16, 2024
(A) The following bonus and rebate incentives
are offered:
(1)
The transitional work bonus established in rule
4123-17-55 of the Administrative
Code;
(2) The safety council
rebate established in rule
4123-17-56.2 of the
Administrative Code; and
(3) The drug-free
safety program bonus established in rule
4123-17-58 of the Administrative
Code.
(B) The bonus and
rebate incentive levels are as set forth in the appendix to this rule. The
administrator may review the bonus and rebate incentive levels on an annual
basis and make recommendation to the board of directors regarding the
appropriate levels for each policy year.
(C) Application of bonus and rebate
incentives.
(1) Bonus and rebate incentive
earned through participation cannot reduce an employer's premium due below the
amount of the minimum administrative charge for the applicable policy year
period as set forth in rule
4123-17-26 of the Administrative
Code.
(2) bonus and rebate
incentive earned through participation excellence shall not be issued to
employers paying only the minimum administrative charge in the applicable
policy year as set forth in rule
4123-17-26 of the Administrative
Code.
(3) Rate adjustments made to
an employer's account subsequent to the issuance of bonus or rebate incentives
through an employer's participation may result in
recalculation of such incentives.
(4) To qualify for any incentive under this
rule, an employer must:
(a) Have coverage that
is in an active policy status at the time of calculation; and
(b) Report actual payroll for the preceding
policy year, and pay any premium due upon reconciliation of estimated premium
and actual premium for that policy year, no later than the date set forth in
rule 4123-17-14 of the Administrative
Code. An employer will be deemed to have met this requirement if the bureau
receives the payroll report and the employer pays premium associated with such
report before the expiration of any grace period established by the
administrator pursuant to paragraph (B) of rule
4123-17-16 of the Administrative
Code.
(D) An
employer may voluntarily withdraw from a bonus or rebate incentive program by
providing notice to the employer services division of the bureau of workers'
compensation. Any bonus or rebate incentive earned during the policy year in
which an employer withdraws from a bonus or rebate incentive program must be
repaid to the bureau.
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