Self Insurance Association of Illinois

The Self Insurance Association of Illinois, SIAI, was formed in April 1985.  At that time, it was recognized that self-insured employers, stop-loss and excess insurers, third party administrators, consultants and other financial institutions needed to join together to have a unified voice regarding self-insurance in Illinois.  Since then, SIAI has provided a representative forum to assure beneficial legislation, regulation and business operations for the industry. 

SIAI is the only association in Illinois organized to speak for the self-insurance industry as a whole, and is a tax-exempt organization under Section 501 ( c ) ( 6 ) of the Internal Revenue Code.  We work closely with national and other state self-insurance associations, but maintain a policy of total independence.   

Each year, numerous bills and regulations are presented in Illinois, which affect the self-insurance industry, such as the recent activity for the plan for universal health insurance coverage, and the implementation of the worker’s compensation fee schedule.  SIAI has hired an Illinois Insurance Lobbyist to provide representation in Springfield and to keep our Board of Directors current on all pending legislation, which could potentially impact self-insured employers, carriers and/or the administrators of these programs.  The SIAI Board of Directors meets monthly, and relays any pertinent information on to our membership through our website, legal alerts and annual seminars. 

Membership to SIAI is the best way to stay current in this ever-evolving industry and to protect your interests going forward.  If you have not already done so, please take a moment to complete your membership today!