{"id":72,"date":"2025-04-30T04:00:00","date_gmt":"2025-04-30T10:00:00","guid":{"rendered":"https:\/\/www.schneiderins.com\/blog\/?p=72"},"modified":"2025-04-24T22:15:49","modified_gmt":"2025-04-25T04:15:49","slug":"ohios-plan-to-cut-workers-compensation-rates","status":"publish","type":"post","link":"https:\/\/www.schneiderins.com\/blog\/ohios-plan-to-cut-workers-compensation-rates\/","title":{"rendered":"Ohio&#8217;s Plan to Cut Workers\u2019 Compensation Rates"},"content":{"rendered":"<p>As an Ohio business owner, you understand the necessity of commercial insurance to protect your business assets and employees. Many business owners have questions about their commercial insurance options. If your business is near Gahanna, OH, our team at Schneider Insurance Agency is ready to answer those questions and help you get the right types of insurance for your company. We&#8217;ve been working with companies like yours since 1987.<\/p>\n<h2>Ohio&#8217;s Plan to Cut Workers&rsquo; Compensation Rates<\/h2>\n<p>One of the essential types of commercial insurance is workers&rsquo; compensation insurance. According to the Insurance Journal, a recent decision by the Ohio Workers&#8217; Compensation Board has resulted in a significant decrease in premiums paid by private employers. The cut in workers&rsquo; compensation premium costs for 2025 will be 6%, which will allow private employers in Ohio to pay $60 million less in premiums.<\/p>\n<p>According to the Insurance Journal, Ohio&rsquo;s Governor Mike DeWine has stated the decision represents Ohio&rsquo;s dedication to workplace safety. The decrease in premiums means that over 258,000 Ohio businesses are paying the lowest premiums in over 60 years. Ohio&rsquo;s Bureau of Workers&rsquo; Compensation has reported that it is happy to issue these reductions, as they allow businesses to reinvest in their business assets and employees.<\/p>\n<h2>Contact Us Today for Your Appointment<\/h2>\n<p>Our team at Schneider Insurance Agency has more than 35 years of experience helping businesses like yours. Each member of our team is dedicated to providing excellent service and support to each of our clients. Business owners in the Gahanna, OH area have learned they can put their trust in our insurance solutions. Call us today to schedule an appointment and let us help you protect your company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As an Ohio business owner, you understand the necessity of commercial insurance to protect your business assets and employees. Many business owners have questions about their commercial insurance options. If your business is near Gahanna, OH, our team at Schneider Insurance Agency is ready to answer those questions and help you get the right types [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5,6,12],"class_list":["post-72","post","type-post","status-publish","format-standard","hentry","category-commercial-insurance","tag-gahanna-oh","tag-schneider-insurance-agency","tag-workers-compensation"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"As an Ohio business owner, you understand the necessity of commercial insurance to protect your business assets and employees. Many business owners have questions about their commercial insurance options. 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