In California, a self-insured program is best described as:

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Prepare for the California Self‑Insurance Plans (SIP) Exam with our interactive quiz. Benefit from multiple-choice questions, detailed explanations, and essential tips to enhance your knowledge and succeed in your exam!

Multiple Choice

In California, a self-insured program is best described as:

Explanation:
In California, a self-insured program means the employer has a regulated license to pay its own workers’ compensation claims instead of buying coverage from an insurer. The state issues this authorization only after the employer proves financial solvency and the ability to administer claims, and it requires ongoing compliance and oversight. This is not a private benefit plan, not a general government program, and not an optional policy—the employer is officially licensed to self-fund workers’ compensation obligations.

In California, a self-insured program means the employer has a regulated license to pay its own workers’ compensation claims instead of buying coverage from an insurer. The state issues this authorization only after the employer proves financial solvency and the ability to administer claims, and it requires ongoing compliance and oversight. This is not a private benefit plan, not a general government program, and not an optional policy—the employer is officially licensed to self-fund workers’ compensation obligations.

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