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Ohio Bwc C60 Form

Ohio Bwc C60 Form

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Instructions and help about ohio bwc c 60a

have you ever wondered how BWC calculates your insurance premium it's simple math really we take your modified premium rate plus allowances for the disabled workers Relief Fund and that equals your Blended insurance rate per $100 of payroll let's break that down the disabled workers relief funds are exactly what you think money held to provide for permanent and totally disabled work workers but what's a modified premium rate that's simply your base rate multiplied by your experienced modifier or em smaller employers may only have a base rate the base rate is a measure of expected future claims based on your industry classification there are hundreds of classifications and our Specialists can help determine yours the EM is a customized factor for you it's a measure of your expected future claims costs based on your recent claims history to calculate your premium simply multiply the Blended insurance rate to your payroll and divide by 100 you&#

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