Becoming a Member

A Self-Insured / High-Deductible Employer in workers’ compensation refers to an employer that assumes more financial responsibility for employee injury claims instead of transferring most of the risk to an insurance company.

 A self-insured employer pays workers’ compensation claims directly from its own funds rather than buying a traditional insurance policy.

A high-deductible workers’ compensation policy means the employer buys insurance but agrees to pay the first portion of each claim

Group self-insurers are organizations formed by multiple employers who collectively assume the financial risk of providing insurance coverage—most commonly for workers’ compensation—rather than purchasing a traditional insurance policy from a commercial insurer.

• Several employers (usually in the same industry or trade association) join together.
• They create a trust or fund that pays claims on behalf of all members.
• Each member contributes premiums into the shared fund.
• The group is responsible for covering claims, administrative costs, and regulatory requirements.

Professional Members Serving Self-Insured Employers are individuals or firms that provide specialized services to employers that finance their own workers’ compensation or other risk programs, but who are not themselves self-insured entities.

These professionals typically support compliance, claims administration, financial management, risk control, and legal obligations associated with self-insurance.

Who They Typically Include

Professional members may include:

• Third-Party Administrators (TPAs) – Handle claims processing, benefit payments, and reporting
• Insurance Carriers-companies that underwrite, issue, and financially back insurance policies, assuming the risk of loss in exchange for premium payment
• Actuaries – Estimate loss reserves and project future claim liabilities
• Attorneys – Provide workers’ compensation defense and regulatory counsel
• Certified Public Accountants (CPAs) – Assist with financial reporting and audits
• Brokers-a licensed insurance professional who represents the employer (the buyer of insurance) and helps them obtain the best workers’ compensation coverage from insurance companies.
• Risk Management Consultants – Advise on program structure and cost control
• Safety and Loss Control Professionals – Develop injury prevention programs
• Surety Providers and Financial Institutions – Issue bonds or letters of credit required by regulators

A State Self-Insurers Association is a state-level trade or professional association composed of individually approved self-insured employers and professional members serving employers that collaborate for advocacy, education, and regulatory engagement in workers' compensation. 

This membership is divided in a tiered program: 

0-50-members: $300.00

51–100 members: $400.00

101-Up members: $600.00 

A State Self-Insurers Association is a state-level trade or professional association composed of individually approved self-insured employers and professional members serving employers that collaborate for advocacy, education, and regulatory engagement in workers' compensation. 

This membership is divided in a tiered program: 

0-50-members: $300.00

51–100 members: $400.00

101-Up members: $600.00 

A State Self-Insurers Association is a state-level trade or professional association composed of individually approved self-insured employers and professional members serving employers that collaborate for advocacy, education, and regulatory engagement in workers' compensation. 

This membership is divided in a tiered program: 

0-50-members: $300.00

51–100 members: $400.00

101-Up members: $600.00 

A State Self-Insurance Guaranty Fund is a state-mandated financial protection mechanism that pays certain claims if a self-insured employer (or self-insured group) becomes insolvent and cannot meet its workers’ compensation obligations.