Which entity is required to participate in the Georgia Worker's Compensation Assigned Risk Plan?

The Georgia Workers' Compensation Assigned Risk Plan is designed to provide coverage to employers who are unable to obtain workers' compensation insurance in the voluntary market. This program is specifically aimed at workers' compensation insurance companies because they have the expertise and responsibility to underwrite and manage risks associated with workplace injuries and employee compensation claims.

Workers' compensation insurance companies are required to participate in this plan to help maintain a balance within the state's workers' compensation system, ensuring that all employers have access to necessary coverage, even if they have been deemed higher risk. This participation is critical in preventing gaps in coverage for employees, thus providing essential protection for injured workers while also fulfilling legal obligations for employers.

In contrast, health insurance companies, general liability insurance companies, and auto insurance companies do not focus on the specific needs and risks associated with workers' compensation. Therefore, they are not required to participate in this particular plan, as their primary functions and risks are unrelated to the workers' compensation system.