What does a monopolistic workers comp stae mean?

Answer 1

As of 7/1/2008, there are 4 states in which the workers' compensation system is considered "monopolistic". This means that the individual state sets rates and operates a state administered fund of workers compensation insurance, vs. the coverage being written in a competitive market by private insurers. Currently the only monopolistic states are North Dakota, Ohio, Washington and Wyoming.

Answer 2

You purchase workers comp from the state and not a private insurance company.