Administrator Marsha Ryan was cited for a stellar performance during the 2008-2009 year by the directors of the Ohio Bureau of Workers’ Compensation and Governor Ted Strickland.
Governor Strickland applauded Ryan for making the Ohio’s workers’ compensation system one of the best in the nation, saying her integrity can only be matched by her dedication and commitment to her employees and Ohio’s employers and injured workers.
Ryan’s most significant accomplishment was bringing greater parity to group and non-group employer premium rates. Rate reform is expected to provide non-group rated employers with up to a 25% premium reduction.
Other initiatives included:
- Preparing a model and beginning evaluation of the Deloitte Study recommendations for agency-wide improvements.
- Successfully implementing the MIRA II reserving system.
- Exhibiting superior managerial skills, leadership and fiscal management of BWC. Board Chairman William Lhota praised Ryan for confidently leading Ohio’s workers’ compensation system with integrity, accountability and humility and successfully navigating BWC through the current economic climate.
- Through her leadership, Ohio’s workers’ compensation system is becoming more insurance-like, with businesses paying more equitable premiums based on the risk they bring to the system, he concluded.
Strategic goals for BWC for fiscal year 2010 were also presented focusing the agency’s continued efforts to restore operational excellence by ensuring stable costs, better services, accurate rates and safe workplaces. (workersxzcompxzkit)
To achieve these goals, the administration will foster an atmosphere of good governance, transparency, actuarial soundness, performance-based rates, and planned and timely-announced implementation of agency initiatives. Internal initiatives will focus on continued operational cost savings and staff development.
Author: Robert Elliott, J.D.
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