What is Workers’ Compensation?
This is a general overview of workers’ compensation. State laws vary greatly and they change frequently, so make sure to check the law in your state for information specific to your state. Federal and state laws govern the payment of and entitlement to workers’ compensation. Federal government employees are covered under different guidelines than state employees and employees of private businesses.
Workers’ Compensation Basics
If you have a worker who is injured on the job, worker’s compensation kicks in to provide benefits.
Workers’ Compensation = Workers’ Comp = WC*
*Formerly referred to as Workmans’ Compensation.
Rule #1: The injury must occur in the “course and scope of employment.” Not all employees are covered but most are. Ask your claims adjuster, if you are unsure if an employee is covered or if the injury occurred out of and in the course of employment.
What Costs are Covered
If an employee is injured on the job, they are entitled to payment of:
1-Medical bills
2-Hospital bills
3-Lost wages (called “indemnity payments”). If an employee is working two jobs, he/she may be entitled to payment of lost wages from BOTH jobss.
4-Rehabilitation
5-Medications
6-Mileage to/from medical providers
7-Permanency, scarring, scarring or residual loss of earning capacity
REMEMBER: Specific benefits vary by state so check the state you’re doing business in for the specifics.
WC Calculator www.ReduceYourWorkersComp.com/calculator.php
TD Calculator www.ReduceYourWorkersComp.com/transitional-duty-cost-calculator.php
WC 101 www.ReduceYourWorkersComp.com/workers_comp.php
Do not use this information without independent verification. All state laws are different. Consult with your corporate legal counsel before implementing any cost containment programs.
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