Another Billion Back dividend approved

On 9/25/20, the Ohio Workers’ Compensation Board approved payment of another Billion Back dividend.  The amount will be based on the annual premium paid for policy year 7/1/19-6/30/20.

Checks will start going out around the end of October.  I anticipate that all will be mailed before Thanksgiving.

The amount of your company’s dividend will depend on other amounts posted to your account at the time the dividend is posted.  For example, if your next installment is due October 21, the dividend will be deducted from the dividend.

Last spring, the dividend was received about one week after it was posted.  It might take longer this time because of issues with the postal service.

Posted in premiums, rebates.