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4 Ways Ohio Employers Can Make the Most of Recent BWC Dividends - Vimarsana News

4 Ways Ohio Employers Can Make the Most of Recent BWC Dividends

12/22/20 In November, the Ohio Bureau of Workers' Compensation (BWC) agreed to issue $5 billion in dividends to qualifying Ohio employers to ease the financial pressures created by COVID-19. This is the third dividend declared and paid in 2020, bringing the total pandemic easement to nearly $8 billion for both public and private employers. These dividends were made possible in part due to BWC's strong investment strategy and returns achieved on premiums paid. However, savings have been further compounded by effective risk management programs at the workplace, resulting in a lower volume of c...