LIMA — As a way to improve workplace safety, the Ohio Bureau of Workers’ Compensation has sent a total of $20.2 million in rebate checks to employers in the greater Lima region.
Employers in Allen County will receive $7,334,675.72, Putnam will receive $2,447,585.14, Hancock will receive $3,920,035.24, Hardin will receive $1,275,472.43, Auglaize will receive $3,453,264.21 and Van Wert will receive $1,787,281.72.
The City of Lima, Allen County Board of Commissioners, Lima schools, Shawnee schools, the Putnam County Education Service Center, Arlington schools, Goshen Township, Logan Township and Union Township were among the over 200 employers in the six counties to receive the rebate.
The rebate is apart of a $1.5 billion rebate to 240,000 private and public Ohio employers who have paid into the State Insurance Fund. Employers will receive 85 percent of their premium policy for year ending June 30, 2017. They should receive their checks by early August.
This is the BWC’s fourth rebate since 2013 and the largest in 20 years, contributing more than $8 billion to the economy since 2011.
“These rebates present a great opportunity for employers to make safety improvements in their workplaces,” said BWC Chief Financial Officer Barbara Ingram. “Safer workplaces means fewer injuries, fewer medical claims adding a more stable workforce all of which leads to healthier bottom line for businesses.”
A two-year, $44 million investment in safety is also a part of the rebate. Through increasing its annual Safety Intervention Grant Program from $15 million to $20 million, the BWC will contribute $4 million each for the Ohio police departments and schools.
The rebate also includes $2 million for state agencies and $2 million in additional Ohio higher education institutions and research organizations funding.
Since 2013, local governments and schools have received three $1 billion rebates as well as a $15 million rebate for Public Work relief employees fund.
“Over the last several years, we have set a goal for ourselves at BWC to become a world class workers compensation carrier that is a partner in economic growth and a champion of workplace safety,” said Ingram. “We are pleased to make progress towards these goals. Ohio’s safety climate has improved dramatically, and we are operating under good fiscal management that has fostered strong investment returns.”
Reach Camri Nelson at 567-242-0456 or on Twitter @CamriNews.