The Ohio Bureau of Workers Compensation is moving to rebate $1 billion in workers compensation premiums to employers in the state.
At the same time, the bureau is asking the state legislature to authorize the agency to allow it to move toward a prospective-payment system and subsequently request its board to rebate an additional $900 million to employers to mitigate transition costs.
However, that was not enough for plaintiffs in a class action lawsuit decided by a Cleveland judge in March that awarded some employers $860 million in overpayments to the fund.
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