Last week, the Ohio Bureau of Workers Compensation (BWC) approved a $5 billion dividend after a request from Governor DeWine to “keep businesses open and people employed” during the continued impact from COVID-19. This is the 3rd dividend payment to Ohio employers during 2020 for a total of $8 billion paid this year. BWC previously issued a dividend for $1.54 billion in late April and $1.34 billion in late October.
This 3rd dividend check will be issued in mid-December and will be approximately four times the total premiums BWC collected from the employer for 2019.
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