Workers Compensation Benefits and Their CategoriesMay 25, 2022 12:00 pm
Workers’ compensation insurance is insurance that employers get to cover employees in the event of injury or illness on the job. Some states require businesses to carry workers’ compensation benefits for their employees. However, even in states that do not require it, it can be financially beneficial for employers to have the coverage. It protects your employees, while also limiting their ability to bring negligence or other tort claims against.
In addition to covering medical expenses for work-related illnesses or injury, workers’ compensation insurance can provide additional benefits to your workers. Workers’ compensation can cover ongoing care if employees need assistance, like physical therapy, to help them recover from their injury. If the worker dies, workers’ compensation can pay for funeral expenses or death benefits. Workers who miss time away from work may be able to get lost wages. Workers’ compensation can also provide disability services if an employee is partially or fully disabled.
- Medical Expenses
- Lost Wages
- Death Benefits
- Disability Benefits
- Ongoing Care
Workers’ compensation is limited to job-related injuries or illnesses. While workers’ compensation covers most injuries that occur at the workplace, it does not cover all of them. Employees who intentionally hurt themselves, are intoxicated, or are using illicit substances may not be covered.