Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 304.13-400.Deductible workers' compensation policy

(1) Each insurer, including those participating in a residual market mechanism, authorized to write workers' compensation insurance in the Commonwealth shall offer, as a part of the policy or as an optional endorsement to the policy, deductibles optional to the employer policyholder for the payment of workers' compensation benefits pursuant to KRS Chapter 342.

(2) Deductible amounts offered pursuant to subsection (1) of this section shall be fully disclosed to the employer policyholder in writing and shall range in amounts from one hundred dollars ($100) to ten thousand dollars ($10,000) per compensable occurrence under KRS Chapter 342. The employer policyholder exercising the deductible option shall choose only one (1) deductible amount.