BWC Announces New Policy Year Installments Due
Payment is due by June 21, 2022
Today, the Ohio Bureau of Workers' Compensation (BWC) announced the first installment for the new policy year beginning July 1, 2022 was billed on May 27, 2022; payment is due by June 21, 2022.
Employers can earn a 2 percent early payment discount by paying their full estimated premium by July 1, 2022. Employers cannot deduct the discount when they submit their payment.
Additionally, the BWC acts that employers do not submit payment for the first installment until after they have received an invoice.