OR Reminder Re Large Deductibles

The Oregon Workers' Compensation Division has issued a reminder that insurers are responsible to pay claim costs under the deductible threshold for large deductible policies, even when an employer becomes insolvent. Regardless of the terms of the policy, insurers are responsible for all workers' compensation claims costs of employers for whom the insurer has issued a guaranty contract. Employers must report all claims to the insurer, including claims whose costs do not exceed the deductible threshold. Insurers remain responsible for all claims administration, including direct payment to c...