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Ohio Employers May Receive Checks in October if BWC approves Governor DeWine’s $1.5 Billion Request

The Ohio Bureau of Workers’ Compensation Board of Directors will vote at its monthly virtual meeting Sept. 25th on Governor Mike DeWine’s proposal to send Ohio employers up to $1.5 billion in dividends to ease the impact of COVID-19 on Ohio’s economy and business community. If approved, the dividend would be the second one this year to ease the pandemic’s impact. The Board heard Governor DeWine’s dividend proposal Thursday afternoon, immediately after the governor’s daily news conference on the coronavirus. The proposed dividend would equal 100% of the premium employers paid in policy year 2019. As with prior disbursements, the dividend is possible because of strong investment returns on employer premiums, a declining number of claims each year, and prudent fiscal management. Checks could be mailed as soon as late October.

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