North Dakota Sticks With State Monopoly of Workers’ Compensation Insurance

North Dakota’s workers compensation insurance monopoly still has strong support in the state House.

Representatives voted 86-7 this week to defeat a bill that would have allowed North Dakota employers to buy insurance from a private company.

The legislation also would have allowed companies to insure themselves by setting aside financial reserves.

Critics of the bill say North Dakota’s workers compensation rates already are very low and the bill is not needed.

Workers’ compensation insurance provides medical, wage and rehabilitation benefits to employees who are injured on the job.

Under current law, North Dakota employers are required to buy
coverage from the state’s Workforce Safety and Insurance agency.
Competition is not allowed.

The bill is HB1408.