A public or individual private self-insured employer shall notify the chief in writing within how many days of a change in status?

• A. 60 days
• B. 30 days
• C. 15 days
• D. 45 days

Answer: (B)

When a self-insured employer experiences a change in status, the responsible party must inform the chief of the Self-Insurance Plans program in writing within 30 days. This prompt notice keeps the administering agency’s records current and ensures the employer remains eligible to self-insure. It also allows for timely adjustments to financial assurances, ownership or control details, and other factors that could affect the employer’s ability to meet self-insurance obligations. Changes that would typically require notice include shifts in ownership or controlling interest, a change in corporate name, mergers or dissolution, and other events altering the employer’s legal or financial setup. The 30-day window is the required timeframe, so this is the correct rule to follow.