Local employers to receive nearly $60 million in work comp rebat - WFMJ.com News weather sports for Youngstown-Warren Ohio

Local employers to receive nearly $60 million in work comp rebates

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Businesses in the Mahoning Valley will receive nearly 60 million dollars, as part of the Ohio Bureau of Worker's Compensation's $1 billion rebate for Ohio employers. 

Sarah Morrison, BWC Administrator and CEO, said both private and public employers in the Youngstown area will share the remaining $59,878,762.

Tuesday, the Columbiana Area Chamber of Commerce accepted a check of $8.4 million on behalf of Columbiana employers. 

Morrison announced during a visit to Humtown Products in Leetonia, that Mahoning County will receive $27.5 million, Trumbull County will receive $16.2 million, and Ashtabula County will take away $7.7 million in compensation.

BWC started mailing checks to employers on July 10 and will continue through the beginning of August.

"These rebates were made possible by our agency's strong investment returns, and they demonstrate our commitment to help Ohio businesses thrive and grow," said Morrison.

Morrison explained that employers are able to use their rebates as they wish, but BWC hopes employers consider investing in workplace safety.

"We work with employers all over Ohio to prevent injuries and illness in the workplace, and they will tell you that investing in safety is a wise business decision," she said. "Safe workplaces mean fewer injuries, fewer medical claims and a stable workforce, all of which leads to a healthy bottom line for a business."

According to the BWC, they will launch a $44 million investment in new health and safety initiatives early next year to promote a healthy workforce and a new culture of safety in Ohio workplaces. A new wellness program for small businesses will be included.

According to the release, BWC also plans to give $2 million to fire departments for the next two years, to help in safety.

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