Director says Ohio WC system is A-OK

YOUNGSTOWN — The leader of the Ohio Bureau of Workers’ Compensation is optimistic about the agency’s future.

William Mabe, who was named administrator a year ago after an investment scandal, said the bureau’s finances are in order and new controls have been put in place to keep them that way.

He isn’t sure, however, whether he will be the one to continue leading the bureau.

Mabe, who met with Vindicator staff Wednesday, serves at the pleasure of the governor. He said he accepted the post with the intention of serving only for the remainder of Gov. Bob Taft’s term but would listen if Gov.-elect Ted Strickland approaches him about staying on beyond this year.

Mabe said the bureau has exceeded financial goals that he set for this year.

He wanted revenues to exceed expenses by $424 million this year. Through the first nine months of the year, the figure was $461 million.

Mabe attributed the results to increased collections, improved investment management and reduced expenses.

He said the biggest challenge facing the bureau is increasing health-care costs.