WC self-insureds seek state standards. (WC Self-Insurance).(Brief Article)

National Underwriter Property & Casualty-Risk & Benefits Management, August, 2002 by Mazier, E.E.

Employers with nationwide operations who self-insure their workers' compensation risks in multiple jurisdictions are not having an easy time of it, according to a self-insurance organization. The difficulties were described by the Self-Insurance Institute of America, based in Santa Ana, Calif., which is trying to prod the nation's regulators into simplifying and homogenizing their requirements.

Presently, they noted, interstate self-insureds must struggle with regulatory variations that often result in unnecessary costs and administrative burdens. SIIA is a promoter of the self-insurance risk-financing alternative for group health plans as well as workers' compensation programs. According to SIIA, the burdens on self-insurers include: * Minimum premium...

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