Dividend payments:
The Bureau of Workers’ Compensation will send up to $1.6 billion in dividends to Ohio state fund employers to ease the impact of the COVID-19 crisis. The BWC expects it will begin mailing checks to employers in late April 2020. The BWC expects this dividend to equal approximately 100% of the premiums employers paid in policy year 2018. The bureau will apply the dividend to an employer’s outstanding balances first, including the recent installment deferrals. Any amounts exceeding outstanding balances will be sent to the employer. See BWC FAQs page.