Ohio BWC Issuing $1.6 Billion to Ohio Employers

C. Awele Nwajei and Carrie L. Urrutia

hand holding fan of money   The Board of Directors of the Ohio Bureau of Workers’ Compensation (BWC) recently approved a proposal to send up to $1.6 billon to Ohio employers in response to the COVID-19 pandemic. The move stems from Governor Mike DeWine’s request for agencies to assist in easing COVID-19’s impact on businesses. DeWine stated that “employers will be able to reinvest these funds in their operations and their employees, which will further strengthen Ohio’s economy.”

   This is the fifth time since 2013 the BWC has returned at least $1 billon to Ohio employers. Over the last ten years, the BWC has saved Ohio employers approximately $10 billion in workers’ compensation costs by way of dividends, credits, rate reductions and greater efficiencies.

   The BWC stated strong investment returns, declining injuries and decreasing reserves made this particular dividend possible. The $1.6 billion is equivalent to the 88% of the premiums Ohio employers paid in the 2017-2018 policy year. The majority of the dividend will go to private employers, while the rest will be dispersed among counties, cities, townships and public school districts. Employers eligible for the dividend include:

   Payments will be issued to employers by check. The BWC intends to start sending checks to private and public employers at the end of September 2020, and to complete the process by the end of October 2020. If you have questions regarding the BWC’s response to COVID-19 please contact C. Awele Nwajei or Carrie L. Urrutia



At the date of publication the above information was correct.  It is quite possible the information above has changed as COVID-19 is a rapidly evolving situation. 

The article in this publication has been prepared by Eastman & Smith Ltd. for informational purposes only and should not be considered legal advice. This information is not intended to create, and receipt of it does not constitute, an attorney/client relationship.