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Private employers: The “True Up” for Worker’s Compensation premiums is just around the corner.

Posted on Mon, Mar 21, 2016 @ 08:00 AM

The way Ohio employers pay BWC for workers’ compensation coverage continues to be in transition. You may remember prior blog posts back in 2015 indicating that BWC was implementing a change from retrospective to prospective billing. This change, meaning that employers will be paying for worker’s compensation coverage in advance, is now upon us.


The change actually officially occurred on July 1, 2015, but many employers have not yet felt the impact because of the transition credit BWC provided to private employers last summer.


This year, employers will have to calculate and provide the True Up to BWC. True Up is a new process that requires employers to report their actual payroll for the previous policy year and reconcile any differences in premiums paid. On May 1, BWC will be mailing notice of estimated annual premiums for Policy Year 2016. On July 1, BWC will be mailing Policy Year 2015 True Up Notices. In order to maintain worker’s compensation coverage, as well as your participation in rating plans and discount programs, you must complete and submit the True Up Report by August 1, 2016. The Report must be completed even if your payroll for the Policy Year 2015 perfectly matches the estimate you receive from BWC.



As the transition progresses, Cors & Bassett will provide further information and guidance to assist you. Please contact David Schmitt at or by phone at 513-852-2587 if you would like to discuss this issue further.