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State offering big money in rebate program

State offering big money in rebate program
Posted May 14th, 2013 @ 6:58am

COLUMBUS (AP) -- Local governments and schools in Ohio could see almost $113 million in rebates from the state insurance fund for injured workers under a proposal from the governor.

Gov. John Kasich's office on Monday released a breakdown of employers that could see a payout from the $1 billion rebate plan he proposed earlier this month. 

The Kasich Administration says the Ohio Bureau of Workers' Compensation would return $112.8 million to nearly 3,800 local governments and schools under the plan.

The bureau's board must still approve the idea. They meet at the end of the month to consider it.

Officials say money for the one-time rebate stems from solid investments by the agency, which provides workers' compensation insurance for Ohio employers and covers approximately two-thirds of the state's workforce.

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(Copyright 2013 the Associated Press, all rights reserved.) 

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