We are a small business in the entertainment world. Our performers are all Independent Contractors that have W9's signed. Our actual office has 6 employees (W2's) and is based in Ohio. Our performers work in all the 48 states. Our Insurance company recently performed an audit and raised our Worker's Comp insurance premium by over 500%. They said we had to keep worker's comp coverage for all independent contractors in all the states. If the 'independent contractor' is considered 'self employed' why are we having to foot the bill for worker's comp? Is it regulated by state? If so, where could I find that information for each state? Anyone with any knowledge on this would be greatly appreciated. We have a HUGE insurance premium due in 10 days, which, being a small business, are NOT prepared for! Thanks.
For an Independent Contractor they can get something call Occupational
Disability. is very similar of workers comp, and is very cheap , well depends
the occupation, that will be something that will save you money.
AIG has some programas like that.
vowens,
OhioBWC has soem information pertaining to independent contractions under Elective coverage for employers. Speaking with someone in the office specifically would give you a better understanding.
The OhioBWC has a live online support between 7:30AM - 5:30PM. They would be the ones that could give you an accurate and precise answer. There is a link on the left hand side saying 'Click Here to get Help!'
Does anyone have some experience with this from OH?
JimD
wgalicia | Window Shopper | 1/30/2013 - 12:41 pm
Disability. is very similar of workers comp, and is very cheap , well depends
the occupation, that will be something that will save you money.
AIG has some programas like that.
JimD | Former Moderator | 10/13/2010 - 3:13 pm
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