Nursing Home Workers Compensation
California Group Self Insured Plans are state approved alternatives to the use of an insurance carrier to provide workers' compensation benefits to employees.
Each GSIP is reviewed and approved for operation by the California Department of Industrial Relations (DIR) Office of Self Insured Plans, in Sacramento.
The DIR also provides ongoing oversight and auditing on every group.
Each group is made up of employers in just one industry, thereby limiting exposure to claims and eliminating non related risks.
Potential members must meet the requirements and standards set by the State of California Department of Industrial Relations to qualify for membership.
Each group is run by the members, not an insurance company.
Each GSIP hires their own claims administrator. This administrator is accountable to the group for their handling of claims.
Specific occurrence and employers liability excess coverage is provided by an “A” rated, admitted insurance carrier.
GSIP’s are a proven method of insuring Workers’ Compensation across the country with regulations enacted in 35 states.
There is a joint and several liability obligation for each member