Final answer:
In Mississippi, workers' compensation insurance is available through private insurance companies, a state-run workers' compensation program, and through self-insurance for large employers. Answer to the question is D) All of the above.
Step-by-step explanation:
Workers' compensation insurance in Mississippi is available through multiple sources. Employers typically contribute a small percentage of the salaries they pay into workers' compensation funds, which are designed to pay benefits to employees who have suffered an injury on the job. These funds are often administered at the state level. In Mississippi, when we look at workers' compensation insurance, it can be made available through:
- Private insurance companies: Employers can purchase workers' compensation insurance from private insurers. This option is sometimes referred to as employment-based insurance when offered as part of an employment package.
- State-run workers' compensation program: Some states, including Mississippi, manage their own workers' compensation insurance program, which collects premiums from employers and pays out benefits directly.
- Self-insurance for large employers: Some large employers may choose to self-insure, which means they set aside funds to pay out workers' compensation claims directly, rather than purchasing insurance from an external provider.
Therefore, the correct answer to the question concerning how workers' compensation insurance is available in Mississippi is D) All of the above.