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Notification of Policy Update Ohio Bureau of Workers Bwc State Oh Form

Notification of Policy Update Ohio Bureau of Workers Bwc State Oh Form

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[Music] i'm closing my business when should i cancel my bwc policy stay tuned to find out welcome to this episode of increased profitability through strategic workers comp management with your host bonnie frazier you have to close your business and your employees are gone when should you cancel your bwc policy once your employees are gone you may think you should cancel your bwc policy but if you are still working in or on the business consider keeping the policy open in case you have an accidental work related injury yourself another consideration is that previous billion-back dividends have gone to companies whose policies are active in amounts similar to past yearly premium or more so if the bwc has announced another dividend keep your policy up to date your tpa may be able to tell you if another dividend is expected a third consideration is if you have participated in retrospective group rating in the previous five years if so any refunds due in years after you cancel your

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