BWC Withholds 2018 & 2019 Group Retro Refunds

Posted By Brandy King
April 02, 2021 Category: Ohio BWC, Group Retro, Group Retro Refunds Withheld, Ohio BWC Dividends, 2018 Group Retro, 2019 Group Retro

The BWC is not going to pay out 2018 & 2019 Group Retro refunds this fall.  They have decided the dividend rebates issued for these policy years will take the place of 2018 and 2019 Group Retro refunds.  We do not believe the dividend proposal passed by the Board of Directors gives the BWC the authority to eliminate Group Retro refunds.  Spooner Incorporated is appealing this decision with the BWC, but we may not be able to do it alone.  Please reach out to Brian Davis if you would like to join us in the fight to get the BWC to release the 2018 and 2019 Group Retro refunds this fall. Brian can be reached