Agency overview | |
---|---|
Formed | 1912 |
Headquarters | 30 West Spring Street, Columbus, Ohio |
Website | www.bwc.ohio.gov |
Since its founding in 1912, the Ohio Bureau of Workers' Compensation (OBWC or BWC) has provided medical and compensation benefits for work-related injuries, diseases and deaths. As of the fiscal year ending June 30, 2015, BWC provides workers' compensation insurance coverage to approximately 253,000 public and private sector employers in the State of Ohio. In FY15, BWC paid $1,648,599,923 in benefits covering 791,638 open claims, including 93,936 new claims approved in FY15. It collected $1,954,174,000 in premiums in FY15, and incurred $279.6 million in administrative costs. With assets under management of more than $29 billion, OBWC is the largest exclusive state-operated and second largest overall provider of workers’ compensation insurance in the United States.
BWC is headquartered in Columbus, Ohio, but maintains 11 customer service offices throughout the state. BWC provides insurance to about two-thirds of Ohio's work force. The remaining workers receive coverage through a self-insurance program for large, financially stable employers who retain the financial risk for their companies’ workers’ compensation claims. BWC employs approximately 1,900 people.
Day-to-day operations of the bureau are handled by a Chief Executive Officer/Administrator, who is appointed by the Governor. The BWC Board of Directors, also appointed by the Governor, oversees the agency's operations. The 11-member board provides professional expertise, accountability and transparency, and a broad representation of BWC's customers. The board also includes members with expertise in financial accounting, investments and securities, and actuarial management.
Appointed by the Governor, the Administrator/CEO administers & directs all programs & policies of the Bureau of Workers’ Compensation. In conjunction with a senior team overseeing Employer Services, Medical Services, Safety Services and Claims Services, as well as a number of operational divisions such as Human Resources, IT and Actuarial, the Administrator/CEO develops & coordinates agency policy & directs establishment of goals & objectives for the efficient operation & highest quality customer service improvements of agency. That individual must also monitor overall development/progress to ensure a quality, customer focused Workers’ Compensation system for Ohio employers & employees. The current Administrator/CEO of Ohio BWC is Sarah Morrison, appointed by Governor John Kasich in May 2016.