Employers choose occupational injury plans for a variety of reasons. Some companies reject Workers' Compensation. To cover their employees to comply with union contracts, to reimburse the employer for the deductible amount under workers' compensation to help offset the cost of a self-funded workers' compensation.

SIS can help you develop programs ranging from fully insures accident plans with a small deductible, to fully self-funded plans that include occupational illness where we act as the Third Party Administrator (TPA).

Occupational injury coverage can also be integrated with your client's existing group medical plan by crating proper ERISA plan documents. When SIS places the occupational accident insurance or acts as the TPA, we'll help your client draft a plan document and summary plan description for legal review.

Through a sister company, we'll also help you secure a competitive quote for employer's excess indemnity, which provides funds for medical expenses, death benefits, wage replacement and legal defense cost resulting from work-related accidents.

The use of occupational injury plans is constantly changing. Workers' Compensation is required in most states, but benefit programs can satisfy a wide variety of needs both inside and outside the system. Many states allow an employer to use group policies to fund the benefits portion of Workers' Compensation. Others authorize reimbursement to the employer for expenses incurred under a high deductible or self-funded Workers' Compensation plan. As these changes take place, SIS will be there to help you and your clients.

SIS is committed to continually developing innovative products to help you service your clients.