When is the annual report due for private self-insurers?

When is the annual report due for private self-insurers?

• A. Mar 1
• B. Jan 1
• C. Apr 1
• D. Oct 1

Answer: (A)

March 1 is the deadline because private self-insurers must file an annual report with the state that covers the previous calendar year. This report provides details on payroll, number of covered employees, and the status of claims to demonstrate solvency and regulatory compliance. The timing fits the state’s spring review cycle, giving time to process and assess the prior year’s data. So a report for the 2025 calendar year would be due March 1, 2026. The other dates don’t align with this established annual reporting schedule.

March 1 is the deadline because private self-insurers must file an annual report with the state that covers the previous calendar year. This report provides details on payroll, number of covered employees, and the status of claims to demonstrate solvency and regulatory compliance. The timing fits the state’s spring review cycle, giving time to process and assess the prior year’s data. So a report for the 2025 calendar year would be due March 1, 2026. The other dates don’t align with this established annual reporting schedule.