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Causes: Insurance Providers
Programs: The avera workers' compensation trust ("trust") was established to provide an economical coverage of workers' compensation exposure to exempt organizations associated with avera health of sioux falls in furtherance of their promotion of health care. Stop loss type insurance coverage is purchased by the trust. The participants are required to contribute to the reserves of the trust in accordance with the independent actuarial's valuation. The valuation is made annually to determine the funding level necessary to provide reserves for workers' compensation claims and is reviewed by the trust's employer's advisor. As of june 30,2012, all operations were transferred to the parent organization, avera health.
This organization's nonprofit status may have been revoked or it may have merged with another organization or ceased operations.