WHY SELF-INSURANCE?
With workers' compensation costs rising, more and more large employers are considering self-insurance. Certain kinds of losses can be predictable and self-insurance is a more efficient way to pay for those losses.
REDUCED COSTS CAN COME FROM SEVERAL AREAS, INCLUDING:
Lower
Fixed Costs

(Program Administration)
Improved
Claims Management

More detailed claims information from the claims administrator
Reduced Losses
through better
loss control


More overall control over claims
Improved
Cash Flow

In addition, the self-insured employer gains more overall control of claims and receives more detailed claims information from the claims administrator.

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