When is the Self-Insurers Annual Report due for private self-insurers and public self-insurers?

• A. January 1 for Private, July 1 for public self-insurers
• B. March 1 for public self-insurers, Oct. 1 for private
• C. March 1 for private and Oct. 1 for public
• D. None of the above

Answer: (C)

The question tests understanding of when Self-Insurers Annual Reports are due, with different deadlines for private versus public self-insurers. Private self-insurers must file by March 1, following the end of their fiscal year, while public self-insurers have a October 1 deadline. This split reflects the different accounting and reporting cycles they use: private employers typically close their year-end calendar and have March 1 as the practical deadline to compile financials and claims data, whereas public/government entities follow their own government reporting calendar where October 1 is a standard point in the fiscal-year cycle. The report itself provides current financial status, claims experience, and reserve adequacy to ensure the plan can meet future obligations.