Workers Compensation Insurer SAIF has established a fund to assist employers who have incurred expenses related to preventing the spread of COVID-19. SAIF has committed $10 million to this fund, which was designed to help their policyholders promote employee safety, reduce injuries, and decrease exposures during the pandemic crisis.
The fund is designed to help pay for expenses tied to preventing the spread of coronavirus at businesses or mitigating other coronavirus-related costs.
Funds may be approved for costs such as:
- Safety equipment and personal protective equipment (PPE) to reduce exposure and transmission
- Worksite cleaning services and supplies for disinfection
- Worksite redesign or modification to respond to transmission risk
- Employee clinic modification or additional staffing for virus-related treatment
- Mental health and wellness initiatives for concerns linked to the crisis
- Coronavirus and job reassignment safety training and communication
- Reopening businesses safely after coronavirus closure
Eligible expenses do not include things such as home workstation equipment and regular staffing expenses. Use of the safety fund will not impact your workers’ compensation premiums.
Eligible expenses must be incurred after March 1, 2020, be clearly associated with the coronavirus crisis, and be directly related to employee safety. Policyholders may submit multiple requests as their needs develop.
SAIF will accept submissions from current policyholders until all funds have been expended or until the fund is terminated. To get started, fill out the form here.
If you have a question, email firstname.lastname@example.org.