BRIEF: Butler County studies workers comp program for possible tax savings
Hamilton Journal News (OH)
Feb. 21--BUTLER COUNTY -- Butler County is taking another step in its goal to save taxpayers money on insurance costs by hiring a consultant to see if it is feasible to go self-insured for workers' compensation coverage.
The county already expects to save about $500,000 this year after the commissioners agreed to a new self-insured health plan and more than $400,000 on property and casualty insurance.
The commissioners have signed a contract with World Risk Management to study the workers compensation program. County Administrator Charlie Young said the county's sound financial practices have allowed for the savings.
"We believe there is significant savings to Butler County by moving to a self-insured model," Young said. "We believe we have reserves now that we did not have a few years ago, that are sufficient to allow us to adopt that model and take the risk associated with being self-insured."
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