MLchartDataset catalogue

Qualified self-insurer

Term · Insurance and risk management · MLC-T-INS-002773

An employer that has been approved by a state's workers' compensation authority to directly pay for its own workers' compensation claims, rather than purchasing a policy from an insurance carrier. To qualify, an employer must demonstrate sufficient financial strength and administrative capacity to manage claims. They typically post a bond or provide other security.

Table 1. Record
IdentifierMLC-T-INS-002773
FieldInsurance and risk management
SubjectWorkers Compensation
Record as JSON 
{
  "id": "MLC-T-INS-002773",
  "term": "Qualified self-insurer",
  "field": "Insurance and risk management",
  "definition": "An employer that has been approved by a state's workers' compensation authority to directly pay for its own workers' compensation claims, rather than purchasing a policy from an insurance carrier. To qualify, an employer must demonstrate sufficient financial strength and administrative capacity to manage claims. They typically post a bond or provide other security.",
  "subject": "Workers Compensation",
  "url": "https://mlchart.com/terminology/insurance/qualified-self-insurer/"
}

Record 2,781 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.