617.205 - Self-insured employers to provide compensation; contributions not required; administration of claims; compliance with NRS 616B.300
1. Â An employer who is certified as a self-insured employer directly assumes the responsibility for providing compensation due his or her employees and their beneficiaries under this chapter.
2. Â A self-insured employer is not required to pay the contributions required of other employers by NRS 617.1665.
3. Â The claims of employees and their beneficiaries resulting from occupational diseases while in the employment of self-insured employers must be handled in the manner provided by this chapter, and the self-insured employer is subject to the regulations of the Division with respect thereto.
4. Â The security deposited pursuant to NRS 616B.300 does not relieve the employer from responsibility for the administration of claims and payment of compensation under this chapter.
5. Â A self-insured employer qualifying under the provisions of this chapter must comply with the provisions of NRS 616B.300.
(Added to NRS by 1979, 1061; A 1981, 1499; 1993, 1876)