All self-insurers must file their Annual Report by which deadline?

• A. January 1 for private and July 1 for public self-insurers
• B. March 1 for public and October 1 for private self-insurers
• C. March 1 for private and October 1 for public self-insurers
• D. None of the above

Answer: (C)

The correct answer indicates that private self-insurers are required to file their Annual Report by March 1, while public self-insurers have a deadline of October 1. This division of deadlines reflects the different regulatory requirements and reporting processes applicable to private versus public entities.

Public self-insurers often have different stakeholders and may need a longer timeframe to prepare their reports due to the complexity and breadth of their operations. Conversely, private self-insurers may be able to prepare and submit their reports more quickly, necessitating an earlier deadline in March. This structure promotes compliance while taking into account the specific regulatory environment surrounding different types of self-insurance entities.

Understanding these regulatory deadlines is crucial for self-insurers to maintain their compliance and avoid potential penalties for late submissions. Such deadlines can vary significantly based on the entity type, so familiarity with these requirements is key for anyone involved in managing self-insurance.