Ohio BWC defers business premiums for a second time due to COVID-19
The Ohio Bureau of Workers’ Compensation (BWC) agency announced a second deferral of premium installment payments. BWC is now allowing for a deferral of policy year 2020 payments for the months of June, July and August to September 1, 2020. BWC will not lapse or cancel coverage or assess penalties for amounts not paid because of the coronavirus pandemic.
Previously, BWC allowed for a deferral of installment payments for March, April and May to June 1, 2020. BWC also recently sent dividend checks to most employers equal to 100% of the premiums paid for 2018.
For additional information, Ohio Bureau of Workers’ Compensation has created a helpful resource page for Frequently Asked Questions related to COVID-19: