The Ohio BWC board of directors approved the third Billion Back dividend payment during calendar year 2020. The newest dividend will be mailed out in mid-December. Any outstanding amounts due will be deducted and then the balance will be mailed to the employer. The dividend amount is 3.72 times the total premium paid for policy […]
Category Archives: rebates
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 […]