When an employer is approved to self-insure, what happens to the application fee?

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Multiple Choice

When an employer is approved to self-insure, what happens to the application fee?

When an employer is approved to self-insure, the application fee is treated as a credit against the self-insurance assessment. This means the processing cost you paid upfront reduces the amount owed for future assessments rather than being refunded. The fee isn’t kept by the director and isn’t deposited into a general fund; it’s used to offset the ongoing costs of the self-insurance program for that employer. For example, if the first assessment is due, the credit from the application fee lowers that amount accordingly, rather than issuing a refund.

When an employer is approved to self-insure, the application fee is treated as a credit against the self-insurance assessment. This means the processing cost you paid upfront reduces the amount owed for future assessments rather than being refunded. The fee isn’t kept by the director and isn’t deposited into a general fund; it’s used to offset the ongoing costs of the self-insurance program for that employer. For example, if the first assessment is due, the credit from the application fee lowers that amount accordingly, rather than issuing a refund.

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