The Workers’ Compensation Program provides coverage to members above their SIRs, up to the ICRMA self-funded level, with the joint purchase of excess workers’ compensation insurance above that amount. Currently, the ICRMA retention is $5 million with excess coverage up to $100 million.
Members pay an annual contribution consisting of actuarially determined losses, administrative expenses and excess insurance. ICRMA's Workers' Compensation Manager provides claims oversight by conducting periodic claim file reviews and assessing the members' TPA performance.