At Sedgwick, taking care of people is at the heart of everything they do, because caring counts®. Under the Sedgwick name, your team will continue to provide you with the best possible service and outcomes and deliver on their mission of taking care of you and your employees. You can learn more about Sedgwick — a leading global provider of technology-enabled risk, benefits and integrated business solutions — at https://www.sedgwick.com/OhioTPA.
Ohio BWC True-Up for Employers - Aug. 15th Deadline
True-up process BWC provides workers’ compensation coverage based on estimated payroll. Therefore at the end of the policy year, BWC asks employers to report their actual payroll for the prior policy year and pay any shortage (or receive a refund for any overage) in premium. This process is called a true-up. If the true-up is not completed timely, the following may occur:
How to report payroll and complete the true-up Although employers may contact BWC at (800) OHIO-BWC (800.644.6292) and complete their true-up report over the phone, BWC anticipates high call volumes and long wait times. They strongly encourage employers to complete their true-up report online through their BWC e-account at www.bwc.ohio.gov. If you do not have an e-account, simply select the Create E-Account Link to begin. You will need your BWC policy number and/or Federal Tax Identification Number.
Group Rating Sponsors The BWC requires all Group Rating Sponsors to annually publish the Group Rating Safety Accountability Letter by the end of September. The letter serves to inform your group rating members of the specific safety related roles, responsibilities and expectations of the parties involved in your group rating program. We suggest that you post the letter on your webpage and distribute it through your newsletter or email blasts. I have attached the Accountability Letter with this email.
As a reminder, please make sure that you include our webpage link on your website. The Accountability Letter and other safety related information and material is available to your members on our webpage at http://sedgwick.com/ohiotpa/resources.