By what date must private self-insurers file the annual report?

• A. February 28th
• B. March 1st
• C. January 31st
• D. April 15th

Answer: (B)

Private self-insurers must file the annual report by March 1 each year. This deadline keeps the state’s records current and lets the regulating agency verify that the self-insurance program remains solvent and compliant with requirements for the upcoming year. The annual report typically includes financial statements like the balance sheet and income statement, details on loss reserves and claims, and information about the plan’s structure and any changes since the prior year. Filing by March 1 ensures the review process can proceed in a timely manner and helps avoid penalties or loss of self-insured status. Dates like February 28 would be too early for the yearly filing window, January 31 is even earlier, and April 15 would be late relative to the mandated deadline.