The third party administrator is reimbursed weekly from the Self-Insured Dental Fund. Liability claims are processed by a third party administrator for a fee per each claim processed. The third party administrator is reimbursed weekly from the Self-Insured Risk Management Fund. Actual claims are processed and paid by a third party administrator for a fee per each claim processed. The third party administrator is reimbursed weekly from the Self-Insured Risk Management Fund.
Any excess is covered by a commercial insurance company.
Actual claims are processed and paid by the State of Colorado. The State is reimbursed quarterly from the Self-Insured Unemployment Fund. The Reserve is funded by annually appropriated transfers from the insurance funds. In the event that an insurance fund has a deficit, funds are transferred back to it from the Reserve.