As per Wyoming workers compensation laws, all employers are legally required to carry proper insurance coverage to ensure monetary benefits to those employees who suffer from occupational injuries. The employers engaged in extra-hazardous occupations particularly must carry this insurance plan. They can buy the coverage either from a private insurance carrier or choose to be self insured. There is a set legal procedure that they must follow in this regard. It is also important to note that not all employers can choose to be self-insured, as there are certain eligibility criteria set by the laws to qualify for the same. There are no numerical exceptions to this legal requirement and even waivers are also not permitted.