The Ohio Bureau of Workers’ Compensation (BWC) board will vote Sept. 25 on Gov. Mike DeWine’s proposal to send Ohio employers up to $1.5 billion in dividends to ease the impact of COVID-19. If approved, the dividend would be the second payment of that magnitude this year — and the third since 2019.
This proposed dividend equals approximately 100% of the premiums that employers paid in policy year 2019. Checks could start going out in late October. (To be eligible for the dividend, make sure you have performed your true-up for the 2019 policy year by Oct. 2.)
Click here for BWC’s fact sheet on the dividend and masks initiative. 8/26/2020