The TWCA Risk Management Fund offers workers' compensation coverage with benefits as set forth in the Texas Labor Code, as is the case with standard market insurance companies and other self-insurance pools. Workers' compensation covers medical bills and income benefits should an employee sustain an on-the-job injury.

As an alternative to the standard, guaranteed cost, workers' compensation coverage, the Fund offers a Minimum Contribution Plan (MCP).  Under the MCP, member contributions are determined based on actual member losses for a given year, subject to maximum and minimum amounts.  Some larger members may be better served by an administrative services only (ASO) arrangement where the Fund provides administrative services and the district or authority covers all claims costs.