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INSIGHTSWORKERS COMPENSATIONUpfront discount
How to use deductibles to lower
workers' compensation premiums Deductible Program was
implemented in 2009 by the Ohio
Bureau of Workers Compensation
(BWC)
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What is upfront discount?
Upfront discount is a deduction or reduction in price that is applied at the time of purchase.
Who is required to file upfront discount?
The party providing the upfront discount is usually required to report it.
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To fill out upfront discount, provide details of the discount amount and the reason for the discount.
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The purpose of upfront discount is to attract customers and increase sales by offering a lower price.
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The discount amount, the date it was applied, and any terms or conditions associated with the discount must be reported.
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