Ohio BWC Prospective Payment System for the Private Employer Invoice Date Due By Coverage Period June 1, 2015 (no invoice) No Payment July 1 - August 31, 2015 August 1, 2015 August 31, 2015 September 1 - October 31, 2015 October 1, 2015 October 31, 2015 November 1 - December 31, 2015 December 1, 2015 December 31, 2015 January 1 - February 29, 2016 February 1, 2016 February 29, 2016 March 1 - April 30, 2016 April 1, 2016 April 30, 2016 May 1 - June 30, 2016 May 2015 Aug 2015 // Invoice 2 of 6 Apr 2016 // Invoice 6 of 6 The BWC will send a letter to all state fund employers with an estimated payroll they will use to create the invoices used for the 2015-16 rating year. The estimated payroll will be the amount that the employer reported from the period July 1, 2013 through June 30, 2014. If you believe that your 2015-16 payroll will be significantly different than that amount, you can ask the BWC to adjust it (either up or down.) The BWC will also default all employers to a six payment plan. This invoice covers the period September 1, 2015 to October 31, 2015. Payment is due by August 31, 2015. At this time, employers must also report payroll for 6 months ending 6-30-15 by 8-31 (but pay $0). This invoice covers the period May 1, 2016 to June 30, 2016. Payment is due by April 30, 2016. Jun 2015 In June 2015, you will not receive an invoice because the BWC’s transition credit will cover this one time only. However, going forward in June 2016, an invoice will be issued. Oct 2015 // Invoice 3 of 6 This invoice covers the period November 1, 2015 to December 31, 2015. Payment is due by October 31, 2015. Dec 2015 // Invoice 4 of 6 Aug 2016 // Filing & Reconciliation The payroll report will report data for the full policy year. The report must be filed and paid (to the Bureau) by August 15 immediately following the conclusion of the policy year. Any balance due the employer will be credited to the employer’s account. This invoice covers the period January 1, 2016 to February 29, 2016. Payment is due by December 31, 2015. Feb 2016 // Invoice 5 of 6 This invoice covers the period March 1, 2016 to April 30, 2016. Payment is due by February 29, 2016. For more explanation, visit www.benefits1group.com or call 877.765.4200. Copyright of Benefits 1 Group, LLC 2015 based on Ohio BWC information
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