WC Self-Insureds Seek State StandardsEmployers 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 nations 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.
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