Ohio Workers Compensation

Every Ohio employer is required to maintain worker's compensation coverage for their employees. However, coverage is optional for owners in the following categories: sole proprietors, partners, LLC acting as a proprietorship, LLC acting as a partnership, family farm corporate officers, an individual incorporated as a corporation, and ordained ministers of a religious organization.

An individual incorporated as a corporation is a corporation that employees only one owner. It cannot have any other owners or any other employees. You may choose to not carry coverage if you desire. If you do not elect to cover yourself, Worker's Compensation will not provide coverage and your other insurance plans may not cover your work-related disability or medical bills. Please contact you insurance carriers to confirm your coverage. If you elect not to cover yourself and you later have other employees, you will be required to cover them and yourself.

If you elect to be covered, you must report and pay premiums on payroll of at least $100 per week or $5,200 per year even if your actual payroll is less. The maximum payroll to be reported is $800 per week or $41,600 per year. Officers who earn between these amounts, must report their actual wages based on their tax forms.