Our Accounting, Audit and Assurance Blog | Meaden & Moore

Ohio Bureau of Workers Compensation Deferral

Written by Jonathan Ciccotelli | Mar 22, 2020 3:21:03 PM

Ohio’s Bureau of Workers' Compensation (BWC) system is the exclusive provider of workers’ compensation insurance in Ohio and serves 249,000 public and private employers.

To help businesses facing difficulties due to the COVID-19 pandemic, the Ohio BWC is announcing that insurance premium installment payments due for March, April, and May for the current policy year may be deferred until June 1, 2020. At that time the matter will be reconsidered.  

"BWC will not cancel coverage or assess penalties for amounts not paid because of the coronavirus pandemic," said Lt. Governor Husted. "Installment payments due for the three-month period are totaled at approximately $200 million, and that money will now stay in the economy."

This is an evolving situation and we will update as information becomes available. 

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