BWC Maintains Healthy Reserve at $7.6 Billion

Gov. Mike DeWine has reappointed three members of the Ohio Bureau of Workers’ Compensation (BWC) board whose terms expire in June.

Meanwhile, during the BWC’s April 22 board meeting, the agency reported a drop in revenue from $958 million a year ago to $768 million in March 2021 due to the reductions in premium rates. The BWC’s net position was still $7.6 billion in March, according to Hannah News Service. 4/26/2021