March 29, 2024


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FREQUENTLY ASKED QUESTIONS
How much money will my company save?
Depending on your individual claims experience, you can realize significant savings on your merit-rated premium. An example:
 Individual Premium $10,000.00 
 Group Discount 53% 
 Group Premium $4,700.00 
 Total Savings $5,300.00 

How do I know if my company is eligible for a group rating?
To determine whether your company is eligible for a group rating, you must complete an AC-3 form. This form authorizes us to gather the information necessary for your claims analysis. Typically, if your company has better-than-average claims experience you should qualify. Companies with negative claims experience are generally not eligible for a group rating.

When does group savings actually occur?
The group application you are making now is for the July 2023 through June 2024 OBWC premium year.

Do I pay any additional fees to be in the group?
Yes. Fees are typically based on the amount of savings your company realizes, along with association dues for the sponsoring organization. All fees are outlined in the quote you receive along with the projected premium savings.

How long until I receive my quote?
You can expect a follow-up from a member of the OhioGroupRating.com team anytime after your AC-3 form has been received. Typically, July through November are when most employers receive their quotes.

HOW MUCH COULD YOU SAVE?
Click here to find out with our easy quote form.