House Bill 1 (December 1996) established three nonprofit, unincorporated guaranty associations to protect disabled workers and dependents in the event of a self-insured's insolvency. Separate guaranty funds now exist for individual self-insureds, group self-insureds, and coal employer self-insureds. Membership in a guaranty fund is mandatory.
KENTUCKY COAL EMPLOYERS' SELF-INSURANCE GUARANTY FUND, P.O. Box 910623, Lexington, KY 40591-0623
KENTUCKY INDIVIDUAL SELF INSURERS GUARANTY FUND, 1501 Twilight Trail, Frankfort, KY 40601, Phone: 502-223-5322, Fax: 502-223-4937, Chairperson: Barbara Parker, Secretary: Tom Underwood
KENTUCKY GROUP SELF-INSURANCE GUARANTY FUND
Groups are now regulated by the Department of Insurance; please call 502-564-3630 for more information.