Which states are considered monopolistic regarding workers' compensation?

The states that are considered monopolistic regarding workers' compensation are indeed North Dakota, Ohio, Washington, and Wyoming. In monopolistic states, the state government provides workers' compensation insurance, and private insurance companies cannot sell coverage in those states. This means that employers in monopolistic states are required to purchase their workers' compensation coverage exclusively from the state fund rather than from private insurers.

This structure is designed to ensure that all workers have access to workers' compensation benefits and to maintain uniformity in coverage and rates within the state. It is also intended to reduce competition among insurers, allowing for streamlined processes and potentially lower administrative costs.

In contrast, the other states listed in the other options have different regulations regarding workers' compensation, allowing private insurance companies to offer coverage, which indicates they do not fall under the classification of monopolistic states.