Workers' Compensation Updates:

No Dividend Savings

On June 16, 2005, the Ohio Bureau of Workers' Compensation annouced the Oversight Commission turned down a recommendation to grant a one-time percent dividend on upcoming employer premium bills. For bills covering the January 1, 2005 through June 30, 2005 billing cycle, employers will be required to pay their full premium. In order to help employers manage these bills, BWC will reinstiture its "50-50 Payment Plan," which allows employers to pay half their bill by the end of August with the other half due in November.