BWC Reports Net Assets of $8.5 Billion

The Ohio Bureau of Workers’ Compensation (BWC) last week reported total assets of $24.1 billion and total liabilities of $15.5 billion, for a net position of $8.5 billion as of June 30.

According to Gongwer News Service, the BWC board has proposed another cut of 9.9% to public employer premiums starting Jan. 1, 2022. The BWC board typically waits until later in the year to review private employer premiums, which have been lowered 11 times since 2009. 8/2/2021