When must a Self-Insurer's Annual Report be filed for private versus public self-insurers?

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

Answer: (C)

Self-insurer annual reporting deadlines differ based on whether the plan is private or public. Private self-insurers typically operate on a calendar-year cycle, so their annual report is due by March 1 after the end of the year. This timing gives enough lead time to compile financial data, complete any required audits, and submit the report to the state review authority.

Public self-insurers, as public agencies, follow a governance and financial reporting schedule tied to a different year-end, usually June 30. Their annual report is due by October 1, after their fiscal-year closing, providing time for audits, board approvals, and the state's reporting processes.

So, the best-fitting rule is that private self-insurers file by March 1, while public self-insurers file by October 1.