up
Budget Year / Version:
anchor

Program Description

  Risk Management

The Montgomery County Self-Insurance Program, established under County Code Section 20-37, provides comprehensive property and casualty insurance for the County and participating agencies. The program pays all claims for Self Insured Workers' Compensation, General and Auto Liability, Auto Physical Damage, and Property matters. The program is funded through contributions from the agencies, which are based upon an annual actuarial analysis of their exposures and outstanding and projected future claims. The program provides accurate and timely insurance and risk management advice to County departments and participating agencies and reduces County and participating agency exposure to risk by: comparing the cost of commercially available coverage to evaluate the best method of funding exposure to loss; transferring contractual risk under indemnification/hold harmless agreements; and recommending and reviewing contractual insurance requirements for County agreements. The program also purchases commercial insurance policies. The program maintains a contract agreement with a third-party claims administrator to handle all claims submitted to the County and agencies - including Workers' Compensation, General Liability, Automobile Liability, Auto Physical Damage, and Property damage.

Explore
anchor
Program Contacts

Contact Jedediah Millard of the Department of Finance at 240-777-8855 or Abdul Rauf of the Office of Management and Budget at 240-777-2766 for more information regarding this department's operating budget.

anchor

Program Performance Measures

Program Performance MeasuresActual FY23Actual FY24Estimated FY25Target FY26Target FY27
Computer based/onsite training classes provided by the Safety Section2,3615,9263,0003,0003,000
Workers Compensation - Cost per $100 of payroll$3.08$3.21$3.09$3.13$3.13
Workers Compensation - Number of Montgomery County Government cases resulting in lost work time372362420435435
anchor

Program Budget Changes

FY26 Recommended ChangesExpendituresFTEs
FY25 Approved10550696327.00
Increase Cost: Claims Expense Change33380000.00
Increase Cost: Return of Contribution5459830.00
Increase Cost: Commercial Insurance Premiums5048480.00
Increase Cost: Legal Secretary II- Office of County Attorney/Self Insurance Fund739621.00
Increase Cost: Principal Administrative Aide- Office of County Attorney/Self Insurance Fund677741.00
Increase Cost: Other Insurance Costs364940.00
Increase Cost: Insurance Broker Services106670.00
Increase Cost: Rent41760.00
Decrease Cost: Claims Service Contract Administrative Costs-6150020.00
Multi-program adjustments, including negotiated compensation changes, employee benefit changes, changes due to staff turnover, reorganizations, and other budget changes affecting multiple programs.-507716-1.00
FY26 Recommended10896614928.00