34A-2-203. Payment of premiums for workers' compensation.

223 words·~1 min read·/ut/title-34a/chapter-2/34a-2-203

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 12/31/2017

(1)The state shall secure the payment of workers' compensation benefits for its employees:

(a)by:

(i)insuring, and keeping insured, the payment of this compensation with an insurer authorized under Title 31A, Insurance Code , to transact the business of workers' compensation insurance in this state; or

(ii)paying direct compensation as a self-insured employer in the amount, in the manner, and when due as provided for in this chapter or Chapter 3, Utah Occupational Disease Act ;

(b)in accordance with Title 63A, Chapter 4, Risk Management ; and

(c)subject to Subsection

(2).

(a)If the state determines to secure the payment of workers' compensation benefits for its employees by paying direct compensation as a self-insured employer in the amount, in the manner, and due as provided for in this chapter or Chapter 3, Utah Occupational Disease Act , the state is:

(i)exempt from Section 34A-2-202.5 and Subsection 34A-2-704(14) ; and

(ii)required to pay a premium assessment as provided in Section 34A-2-202 .

(b)If the state chooses to pay workers' compensation benefits for its employees through insuring under Subsection (1)(a)(i) , the state shall obtain that insurance in accordance with Title 63G, Chapter 6a, Utah Procurement Code .

Amended by Chapter 363 , 2017 General Session