If approved by the Board, Ohio employers will receive a rebate equal to 66% of their 7/1/2015 - 6/30/16 premiums paid. Any transition credits given by the BWC during that period will be counted as premiums paid by the employer. Most employers should receive the rebate in July, 2017. If you participated in Group Retrospective Rating in 2015, you will first receive your Group Retro Rebate followed by your Billion Back Rebate in October, 2017.
Please reach out to V&A Risk Services for more information.