Proposed changes to how coal mine operators can self-insure for black lung benefits
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Table of Contents
The Department of Labor is proposing new rules regarding the Black Lung Benefits Act. These rules would change how coal mine operators apply for authorization to act as their own insurers for black lung benefits.
Why it matters: This is a technical administrative update that changes the financial paperwork and security requirements for coal companies that want to handle their own black lung benefit obligations rather than buying traditional insurance.
Who it affects
- Coal mine operators
This is a proposed rule from the Department of Labor; readers should consult the Federal Register before relying on these changes as they are not yet final.
Agency: Labor Department, Workers’ Compensation Programs Office
Source: Federal Register — read the official document