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 […]
Category Archives: rebates
Make sure you get your billion back dividend
Follow these tips to give your company its best chance to get the next Billion Back dividend, which is based on 100% of the premium you paid 7/1/19-6/30/20. The BWC will use one survey date to determine which companies will get the dividend; the survey date is not publicized. Make sure you have completed your […]
88% Billion Back Refund Strategies
This month, Ohio employers in good standing with the Bureau of Workers’ Compensation will be mailed a check for 88% of their premium from the 7/1/17 policy year. If the employer owes a premium installment payment on October 21, the installment will be deducted from the refund. Here are 3 ideas on how to use […]