Search Results for keywords:"self-insurance"

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Search Results: keywords:"self-insurance"

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  • 2021-02614 — Black Lung Benefits Act Self-Insurance: Withdrawal of Guidance
    Type:Notice
    Citation:86 FR 8806
    Reading Time:about a minute or two

    The Office of Workers' Compensation Programs (OWCP) has decided to withdraw a notice and request for comments about self-insurance under the Black Lung Benefits Act that was initially published on January 8, 2021. This decision is due to changes in the legal rules and guidance that initially justified the publication. Although the notice has been withdrawn, there's no change to existing laws or regulations. OWCP plans to review the self-insurance bulletin and will allow the public to comment on self-insurance procedures at a future date.

    Simple Explanation

    The government decided to stop asking people what they think about a special rule for coal companies to handle certain health costs on their own. They're planning to think about it more and ask for ideas again later, but right now, nothing is changing for the rules or how things work.

  • 2021-00097 — Guidance on Black Lung Benefits Act Self-Insurance
    Type:Notice
    Citation:86 FR 1529
    Reading Time:about 3 minutes

    The Office of Workers' Compensation Programs (OWCP) announced a bulletin titled "DCMWC Self-Insurance Process Guidelines" that outlines updates to their process for evaluating self-insurance applications under the Black Lung Benefits Act. This act requires coal mine operators to either purchase insurance for benefits or get authorization from the Department of Labor to self-insure. The bulletin detailing these updates is open for public comment until February 8, 2021, and interested parties can submit comments through the Federal eRulemaking Portal. OWCP's goal is to ensure that coal operators are financially responsible for benefits, minimizing reliance on the Black Lung Disability Trust Fund.

    Simple Explanation

    The government wants to make sure that companies that run coal mines have enough money to take care of their workers who might get sick from working there. They can either buy special insurance or get permission to handle the money themselves, and they need to follow new rules to make sure they're doing it right, which people can talk about and give their opinions on.