Do I Have to Have Workers’ Comp Insurance?
Well, like death and taxes, workers’ comp insurance is usually “required.” This is refered to as “carrying” workers compensation coverage. Even if you employ only one person most states require employers to provide workers’ comp insurance. The regulations do vary from state to state. Right now, Texas is the only state allowing voluntary participation and may be considering a change, even as we write. And, even in Texas, it’s strongly recommended employers cover their employees with WC insurance.
Employee work status categories vary from state to state; some require part-timer employees to be covered and some don’t.
Coverage varies from state to state. In some states, injured employees get lost wages in addition to coverage for medical expenses.
If you are the sole owner and proprietor of your business, you can choose whether or not you want workers comp coverage for yourself.
In states allowing.the employer to choose the treating physician, the signs tell employees where to go for medical treatment
flowers/cards, and development of modified duty job description. (workersxzcompxzkit)
Author Robert Elliott, executive vice president, Amaxx Risks Solutions, Inc. has worked successfully for 20 years with many industries to reduce Workers’ Compensation costs, including airlines, health care, manufacturing, printing/publishing, pharmaceuticals, retail, hospitality and manufacturing. He can be contacted at: Robert_Elliott@ReduceYourWorkersComp.com or 860-553-6604.
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