BWC to provide $1.5B for Ohio employers

On September 25, 2020, the Ohio Bureau of Workers’ Compensation (BWC) approved Governor Mike DeWine’s proposal to send a second round of dividends to Ohio’s employers to ease the impact of COVID-19.

The BWC will begin sending dividend checks to up to 200,000 public and private employers in late October. As was the case with the April 2020 dividend payment, the second round of dividends will equal the total premium that employers paid in policy year 2019, but will be reduced by any unpaid balances of the employer. For reference, the average April 2020 dividend payment equaled $8,500.

To access further information regarding the BWC’s dividend payment, please contact the article’s authors, or visit the BWC’s FAQ page.