Title 30, Mineral Lands and MiningRelease 119-110
§943 Black Lung Insurance Program
Title 30 › CHAPTER 22 — MINE SAFETY AND HEALTH › SUBCHAPTER IV — BLACK LUNG BENEFITS › Part C — Claims for Benefits After December 31, 1973 › § 943
Summary
Creates a government-run black lung insurance program that lets coal mine operators buy coverage for the benefit payments they may owe under section 932. The program can only be used if private insurance at a reasonable cost is not available. The Secretary can make contracts with mine operators to take on all or part of their liability in exchange for premiums. The Secretary can also offer reinsurance to private insurers. While an operator has such a contract, the operator is treated as meeting the rules in section 933 for the risks the contract covers. The Secretary can write rules about who can get coverage, premiums, deductibles, experience ratings, exclusions, and other insurance terms. The Secretary must study and set premium schedules that follow accepted actuarial principles and are fair and adequate to cover expected losses. All premiums go into the Black Lung Compensation Insurance Fund. That fund pays claims, program costs, and repays any Treasury advances. The fund can get premiums, appropriations advances, and investment income, and excess money may be invested in public debt securities. Repayable advances may be made as needed and must be repaid with interest computed as provided in section 934a(b)(2).
Full Legal Text
Title 30, §943
Mineral Lands and Mining, Source: USLM XML via OLRC
(a)Authorization to establish and carry out
The Secretary is authorized to establish and carry out a black lung insurance program which will enable operators of coal mines to purchase insurance covering their obligations under section 932 of this title.
(b)Non-availability of other insurance coverage
The Secretary may exercise his or her authority under this section only if, and to the extent that, insurance coverage is not otherwise available, at reasonable cost, to operators of coal mines.
(c)Agreements with coal mine operators; reinsurance agreements
(1)The Secretary may enter into agreements with operators of coal mines who may be liable for the payment of benefits under section 932 of this title, under which the Black Lung Compensation Insurance Fund established under subsection (a) (hereinafter in this section referred to as the “insurance fund”) shall assume all or part of the liability of such operator in return for the payment of premiums to the insurance fund, and on such terms and conditions as will fully protect the financial solvency of the insurance fund. During any period in which such agreement is in effect the operator shall be deemed in compliance with the requirements of section 933 of this title with respect to the risks covered by such agreement.
(2)The Secretary may also enter into reinsurance agreements with one or more insurers or pools of insurers under which, in return for the payment of premiums to the insurance fund, and on such terms and conditions as will fully protect the financial solvency of the insurance fund, the insurance fund shall provide reinsurance coverage for benefits required to be paid under section 932 of this title.
(d)Terms and conditions of insurability
The Secretary may by regulation provide for general terms and conditions of insurability as applicable to operators of coal mines or insurers eligible for insurance or reinsurance under this section, including—
(1)the types, classes, and locations of operators or facilities which shall be eligible for such insurance or reinsurance;
(2)the classification, limitation, and rejection of any operator or facility which may be advisable;
(3)appropriate premiums for different classifications of operators or facilities;
(4)appropriate loss deductibles;
(5)experience rating; and
(6)any other terms and conditions relating to insurance or reinsurance coverage or exclusion which may be appropriate to carry out the purposes of this section.
(e)Premium schedule studies and investigations
The Secretary may undertake and carry out such studies and investigations, and receive or exchange such information, as may be necessary to formulate a premium schedule which will enable the insurance and reinsurance authorized by this section to be provided on a basis which is (1) in accordance with accepted actuarial principles; and (2) fair and equitable.
(f)Regulations relating to premium rates
(1)On the basis of estimates made by the Secretary in formulating a premium schedule under subsection (e), and such other information as may be available, the Secretary shall from time to time prescribe by regulation the chargeable premium rates for types and classes of insurers, operators of coal mines, and facilities for which insurance or reinsurance coverage shall be available under this section and the terms and conditions under which, and the area within which, such insurance or reinsurance shall be available and such rates shall apply.
(2)Such premium rates shall be (A) based on a consideration of the risks involved, taking into account differences, if any, in risks based on location, type of operations, facilities, type of coal, experience, and any other matter which may be considered under accepted actuarial principles; and (B) adequate, on the basis of accepted actuarial principles, to provide reserves for anticipated losses.
(3)All premiums received by the Secretary shall be paid into the insurance fund.
(g)Black Lung Compensation Insurance Fund
(1)The Secretary may establish in the Department of Labor a Black Lung Compensation Insurance Fund which shall be available, without fiscal year limitation—
(A)to pay claims of miners for benefits covered by insurance or reinsurance issued under this section;
(B)to pay the administrative expenses of carrying out the black lung compensation insurance program under this section; and
(C)to repay to the Secretary of the Treasury such sums as may be borrowed in accordance with the authority provided in subsection (i).
(2)The insurance fund shall be credited with—
(A)premiums, fees, or other charges which may be collected in connection with insurance or reinsurance coverage provided under this section;
(B)such amounts as may be advanced to the insurance fund from appropriations in order to maintain the insurance fund in an operative condition adequate to meet its liabilities; and
(C)income which may be earned on investments of the insurance fund pursuant to paragraph (3).
(3)If, after all outstanding current obligations of the insurance fund have been liquidated and any outstanding amounts which may have been advanced to the insurance fund from appropriations authorized under subsection (i) have been credited to the appropriation from which advanced, the Secretary determines that the moneys of the insurance fund are in excess of current needs, he or she may request the investment of such amounts as he or she deems advisable by the Secretary of the Treasury in public debt securities with maturities suitable for the needs of the insurance fund and bearing interest at prevailing market rates.
(h)Omitted
(i)Authorization of appropriations
There are authorized to be appropriated to the insurance fund, as repayable advances, such sums as may be necessary to meet obligations incurred under subsection (g). All such sums shall remain available without fiscal year limitation. Advances made pursuant to this subsection shall be repaid, with interest, to the general fund of the Treasury when the Secretary determines that moneys are available in the insurance fund for such repayments. Interest on such advances shall be computed in the same manner as provided in subsection (b)(2) of section 934a of this title.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
section 934a of this title, referred to in subsec. (i), was repealed by Pub. L. 97–119, title I, § 103(b), Dec. 29, 1981, 95 Stat. 1638. See section 9501(c) of Title 26, Internal Revenue Code. Codification Subsec. (h) of this section, which required the Secretary to report to Congress not later than April 1 of each year on the financial condition and operation of the insurance fund, terminated, effective May 15, 2000, pursuant to section 3003 of Pub. L. 104–66, as amended, set out as a note under section 1113 of Title 31, Money and Finance. See, also, page 124 of House Document No. 103–7.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective Mar. 1, 1978, see section 20(a) of Pub. L. 95–239, set out as an
Effective Date
of 1978 Amendment note under section 901 of this title.
Reference
Citations & Metadata
Citation
30 U.S.C. § 943
Title 30, Mineral Lands and Mining
Last Updated
Sep 23, 2026
Release point: 119-110