BWC Approves $5 Billion Dividends to Ohio Employers

The Ohio Bureau of Workers’ Compensation  Board of Directors today approved Governor Mike DeWine’s request to send $5 billion in dividends to Ohio employers.

 

The move is aimed at easing COVID-19’s continued impact on the state’s businesses and workforce.

 

The dividend will be applied first to an employer’s unpaid balances, then a check will be sent for the remainder in mid-December. 

The agency issued a $1.54 billion dividend in late April and $1.34 billion in October. 

 

At $5 billion, the latest dividend is approximately four times the total premiums collected from its employer members in policy year 2019.

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