The Ohio Bureau of Workers’ Compensation (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: • Employer will not be eligible for prior year rebates and incentives • Employer will be removed from current year programs • Employer will become ineligible for programs the following year and will continue to remain ineligible for all future years until all past true-ups are completed.
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