Demystifying the NCCI
Assigned Risk Program & VCAP
A GUIDE FOR OKLAHOMA EMPLOYERS
STUCK IN THE ASSIGNED RISK POOL?
Discover a Smarter Path to Workers' Comp Coverage in Oklahoma.
Learn how to lower your premiums, improve your risk profile, and potentially exit Oklahoma’s Assigned Risk Plan through NCCI’s VCAP program.
WHAT IS THE ASSIGNED RISK PLAN?
When standard workers' comp coverage isn’t available, businesses are placed into the Assigned Risk Plan. It’s regulated, expensive, and restrictive—but not permanent.
Higher premiums
Limited flexibility
State-mandated requirements
As of June 2024, the plan is now managed by the Oklahoma Insurance Department, with NCCI administering assignments.
A Last Resort for Oklahoma Employers
Why You're Likely Paying More
Assigned Risk = Higher Costs & Fewer Services
Businesses in the pool often face:
FLAT, REGULATED RATES - OFTEN ABOVE MARKET
ARAP SURCHARGES
- UP TO 49%
MANDATORY LSRP PARTICIPATION FOR LARGE PREMIUMS
FEWER CLAIMS AND LOSS CONTROL SERVICES
IS THERE A WAY OUT?
The Voluntary Coverage Assistance Program (VCAP) helps qualified businesses exit the pool and return to the open market.
Yes, Through the VCAP Program
IN 2024
90 Oklahoma businesses applied
Only 2 exited the pool
Average savings: 4.8%
SUCCESS REQUIRES:
Clean or improving loss history
Commitment to safety
Help from an experienced agent.
WHAT YOU CAN DO NOW
Clean up your losses with strong safety programs
Get two declinations from voluntary carriers
Work with an expert agency to package and position your risk
Submit to VCAP or directly to markets
Mid-policy exits are possible.
Steps to Exit the Assigned Risk Pool
WHY WORK WITH US?
Your Oklahoma Workers’ Comp Experts
At Professional Insurors, we specialize in helping Oklahoma businesses navigate and exit the Assigned Risk Plan.
Access to regional & national carriers
E-Mod optimization & safety support
Deep understanding of Oklahoma-specific rating plans
Common Questions
-
Yes
-
Yes, through VCAP.
-
Usually, yes.
-
Not in the pool.
-
Penalty-based plans that can drive up your costs.
Still in the Assigned Risk Plan? Let’s Change That.
Chris Moxley, CIC, CRIS
SENIOR VICE PRESIDENT • DIRECTOR OF OPERATIONS