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Workers' Compensation Group Self-Insurance
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Group Self-Insurance:
An Alternative to Rising Insurance
Costs
Obtaining workers' compensation coverage is required of all California
employers. In fact, California is ranked as having the most expensive
workers' compensation costs in the nation. In the past two years, costs to the
average employer have gone up over 50%.
As an alternative to buying workers' compensation
"retail" from an insurance company, many employers are exploring
two other options: obtaining insurance, but then reinsuring with a "captive"
insurance program; or obtaining Group Self-Insurance, where a number of
mid-sized
employers, with the approval of the California Department of Industrial
Relations, join together to gain the advantage cost savings arising
from self-insurance options.
What cost savings are realized with Workers' Comp Group Self-Insurance?
click here to learn more . . .
Contact:
Ralph Matthews
916.563.1900
Vice President, Workers' Compensation
10445 Old Placerville Road
Sacramento, CA 95827
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