Toledo area employers received $50.5 million in rebate checks last month from the Ohio Bureau of Workers’ Compensation (BWC), agency officials announced Aug. 15 during a visit to the Toledo Regional Chamber of Commerce.
“BWC is pleased to present the region’s employers with $50.5 million they can use to strengthen and grow their businesses,” said Kevin Abrams, BWC Chief Operating Officer. “While the money is theirs to spend as they see fit, we encourage employers to invest in workplace safety measures that prevent injuries and reduce their workers’ comp costs.”
The checks are part of a $1.5 billion rebate to Ohio employers this summer, BWC’s fourth rebate since 2013 and the agency’s largest in 20 years.
The rebates are possible because of the agency’s healthy investment income, falling claims and prudent fiscal management. The rebate brings workers’ comp savings for all Ohio employers to $8 billion since 2011.
BWC mailed the checks in batches in July. If employers haven’t received their check but believe they should, Abrams asked they check their mail again and then contact BWC for an update on its status. Employers that participate in the Group-Retrospective Rating Program will receive checks in the fall.
He also detailed the totals each of the region’s five counties received:
• Fulton County: $4,005,667
• Lucas County: $32,911,093
• Wood County: $8,765,540
• Ottawa County: $2,549,792
• Henry County: $2,261,122
Rebate amounts going to individual public employers by county are here. Rebates for specific private employers are not public record.
The rebate also includes several safety initiatives BWC announced in June. The $44 million investment over two years includes $8 million in safety grants for law enforcement and to improve school safety and security.