First of all: Reduction is just a fancy way of saying "gain of electrons".
The posed question can thus be reformulated as:
What happens to water, if it gains more electrons?
In order to answer this, we should have a look at the oxidation numbers of water: Since oxygen is more electronegative, it has an oxidation number of -II, while the two hydrogen atoms have an oxidation number of +I (Roman numerals).
As we can see, oxygen is already in its most reduced state. We know this, because oxygen has 6 valence electrons, with an oxidation number of -II this makes eight thus fulfilling the octet rule.
What can be reduced (i.e. gain electrons) here, is thus the hydrogen, going from +I to 0 (electrons are negatively charged, thus reducing the oxidation number).
Hydrogen with an oxidation number of 0 is the hydrogen molecule $\ce{H2}$. In $\ce{OH-}$, both atoms still have the oxidation numbers as in water. Now we just have to balance the reaction.