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How does BWC calculate the premium rate for the PEO?

BWC CALCULATE PEO Premium rate
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How does BWC calculate the premium rate for the PEO?

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26A. BWC follows Ohio Administrative Code 4123-17-02 when calculating the premium rate for the PEO. The process involves transferring the experience of each client employer of the PEO to the PEO policy to create a combined experience modifier. The PEO will use this rate to pay premiums for shared employees, in addition to the PEOs administrative staff. Any PEO agreement where the PEO elects to report premium under the client policy will not have any experience transferred to the PEO policy. The PEO will report this premium using the individual client employer’s calculated experience modifier. Note: The PEO must report shared employees payroll and pay premiums using the manual classifications assigned by BWC to the client employer’s policy.

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