Insurance Compliance » Self-Insurance
Self-Insurance
39-71-2101 et. seq. MCA
The department determines whether an employer has the requisite financial ability to pay workers' compensation indemnity and medical benefits and, if so, grants the employer permission to self-insure their workers' compensation liabilities.
An applicant for self-insurance is required to submit an application along with audited financial statements, or reviewed statements if audits are not normally prepared. The financial statements are reviewed and financial ratios are computed and compared to other businesses in the same industry to determine the strength of the business and its ability to make workers' compensation payments when due.
Self-Insurance
Workers' Compensation Regulation Bureau
Employment Relations Division
PO Box 8011
Helena, MT 59604-8011
