The Ohio Bureau of Workers’ Compensation (BWC) has sent out the first invoices and employers still have a few more days to make their payments.
There are few issues that BWC wanted to address:
Payroll Report Issue
BWC has identified an issue with the receipt and processing of payroll reports for the first half of 2015 that were submitted to the lockbox. The processing of submitted reports has been delayed, but BWC has developed a work-around procedure to process the reports with the goal of being up to date with processing by September 4, 2015.
Employers questioning the processing of their report should be advised that BWC will try to have their policy information up to date as soon as possible. Employers are encouraged to register their account through BWC’s website so they can take advantage of the available information, be prepared for future reporting and utilize the benefits associated with using online services.
New Message on Monthly Invoices
A new message will show up on employers’ invoices starting this month, with the invoice dated August 30, 2015. This message states: “Payments made within the last 14 days may not be reflected on this invoice. Failure to pay your premium in full by the due date will result in a lapse in coverage. You are responsible for all claims costs for injuries that occur during a period of lapsed coverage.”
Due to the 30-day invoice cycle, BWC must run the invoices about 14 days prior to the invoices going out. For this reason, employers may receive an invoice the first couple days of September when they paid their bill on time at the end of August. Employers can visit BWC’s website at www.bwc.ohio.gov to obtain the most current information on their policy.
For questions about BWC’s prospective billing process or paying your invoice, please contact CareWorksComp toll-free at 1-800-837-3200.