Benefits of Membership

Minnesota employers self-insure for a variety of reasons.

A frequently-cited reason to self-insure in the State of Minnesota is that an employer can have complete control over its entire workers’ compensation system, including control of its own claims procedure, and have final settlement authority over any contested claim.

Another reason to self-insure is that members with well-run workers’ compensation operations find it cost effective to self-insure rather than obtain coverage in the voluntary workers’ compensation insurance market.

Additionally, a strong safety program and an effective return-to-work program can result in significant dollar-to-dollar savings.

Finally, long-term self-insured members are not subject to the potential volatility in the workers’ compensation voluntary marketplace.