Group Rating with Sedgwick

Group Rating with Sedgwick

Published January 11, 2024 By Sedgwick

Group Rating

Joining a group rating program is the best way for Ohio employers to significantly lower their Ohio worker's compensation premiums. Sedgwick offers a multi-tiered group rating program to NARI members with the highest possible discounts allowed by the Ohio Bureau of Workers' Compensation (BWC).

Program overview

Group rating enables state-funded employers with better than average claim histories to combine claim expenses and rate calculations to take advantage of premium savings currently reserved for larger employers. By participating in NARI's group rating program, employers enjoy a much lower premium than could be attained on their own. Savings generally range from 20% of premium to the maximum discount allowed by the BWC each year.

Eligibility requirements

• Private, state-funded employer or public employer taxing district (self-insured and state agency public employers are not eligible)
• Current on any and all premium payments, administrative costs, assessments, fines or amounts owed to the BWC
• Current on all prospective billing true-up filings and payments
• Active coverage by the application deadline
• No cumulative lapses in coverage in excess of 40 days within the 12 months preceding the application deadline
• May not be a member of more than one group
• If a workers’ compensation claim is incurred in the “green period” (15 month period prior to the experience survey date), the employer shall attend two hours of safety training or complete the BWC’s online accident analysis form and online safety class

Application deadline

Private employers have a policy period of July 1-June 30 with the application deadline the Monday before Thanksgiving.

BWC program compatibility

While participating in the group experience rating program, employers can participate in the following programs as well:

- $15k Medical Only
- Drug Free Safety Program
- Safety Council
- Transitional Work Bonus

Savings of more than $4 billion through Sedgwick's group rating programs for more than 60,000 Ohio employers since the inception of the program is the best reason to choose Sedgwick's program.