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MEMA Member Workers’ Compensation Insurance Plan
The Workers’ Compensation Self-Insurance Trust Fund is funded by members of Maine Energy Marketers Association who have joined together to collectively insure their workers’ compensation exposures.
Ӻ The Workers’ Compensation Self-Insurance Trust Fund emphasizes safety. Strong employer-directed safety and loss control programs help prevent losses and promote premium stability.
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Ӻ Self-Insuring means that participants qualify for dividends each year in which the group’s costs do not exceed the group’s premiums.
Ӻ Self-Insuring means leaving the commercial insurance market, with its ever changing pricing and loss control service, and becoming part of a homogeneous group with risks and costs easier to quantify and manage.
Ӻ Self-Insuring means you take direct responsibility for your claims and safety procedures.