Self Insurance in Workers’ Compensation

  • Richard J. Butler
  • John D. Worrall
Part of the Huebner International Series on Risk, Insurance and Economic Security book series (HSRI, volume 16)


Employers can fulfill their obligations to provide for workers’ compensation coverage by purchasing insurance from a private insurance carrier, or from an insurance fund run by the state or by self-insuring. Eighteen states have state funds. Twelve of these compete with privace insurance carriers for business and are usually referred to as competitive state funds. The other states have exclusive state funds, and private insurance carriers are not permitted to sell workers compensation insurance in those states.


Interest Rate Firm Size Small Firm Large Firm Market Insurance 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Butler, Richard J. and John D. Worrall. (1988). “Labor Market Theory and the Distribution of Workers’ Compensation Costs.” In Appel and Borba, (eds.), Workers’ Compensation Insurance Pricing. Boston, MA: Kluwer Academic Publishers.Google Scholar
  2. Butler, Richard J. (1983). “Wage and Injury Rate Response to Shifting Levels of Workers’ Compensation.” In John D. Worrall (ed.) Safety and the Work Force: Incentives and Disincentives in Workers’ Compensation, Ithaca, NY: ILR Press.Google Scholar
  3. Butler, Richard J. and John D. Worrall. (1983). “Workers’ Compensation: Benefit and Injury Claim Rates in the Seventies.” Review of Economics and Statistics 65(4):580–589.CrossRefGoogle Scholar
  4. Krueger, Alan B. (1988). “Moral Hazard in Workers’ Compensation Insurance.” Unpublished manuscript. Princeton University.Google Scholar
  5. Maddala, G.S. (1983). Limited Dependent and Qualitative Variables in Econometrics Cambridge: Cambridge University Press.Google Scholar
  6. Ruser, John W. (1985). “Workers’ Compensation Insurance, Experience Rating, and Occupational Injuries.” Rand Journal of Economics 16(4):487–503.CrossRefGoogle Scholar
  7. Social Security Bulletin, various issues.Google Scholar
  8. Victor, Richard B. (1985). “Experience Rating and Workplace Safety.” In John D. Worrall and David Appel (eds.) Workers’ Compensation Benefits: Adequacy, Equity, and Efficiency. Ithaca, NY: ILR Press.Google Scholar
  9. Victor, Richard B., Linda Cohen, and Charles Phelps. (1982). Workers’ Compensation and Workplace Safety: Employer Response to Financial Incentives. Santa Monica CA: Rand Corporation.Google Scholar
  10. Worrall, John D. and Richard J. Butler. (1988). “Experience Rating Matters.” In Appel and Borba (eds.) Workers’ Compensation Insurance Pricing. Boston, MA: Kluwer Academic Publishers.Google Scholar
  11. Worrall, John D. and David Appel. (1982). “The Wage Replacement Rate and Benefit Utilization in Workers’ Compensation Insurance.” Journal of Risk and Insurance 49(3):361–371.CrossRefGoogle Scholar

Copyright information

© Kluwer Academic Publishers 1993

Authors and Affiliations

  • Richard J. Butler
  • John D. Worrall

There are no affiliations available

Personalised recommendations