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 […]

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 […]