Top 10 List of Work Comp Audit Errors

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Self Insurance

A Workers Compensation Term Definition

Self Insurance...
A method in which an employer may secure the payment of workers compensation for its employees by depositing securities, cash, letters of credit or a surety bond in an amount required by their individual state governing body. Self insurance programs are very specific to individual employers. Many require the use of actuarial services and third party organizations for administration and claims services.





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