Introduction Workers’ compensation covers the costs of employee injuries and illnesses, including lost wages and more. It’s required by law in most states for businesses with employees. If an employee is injured or sickened on the job, workers’ compensation insurance can pay for the worker’s medical expenses and rehabilitation costs. If the employee is forced to…
Introduction When an employee—whose business is covered by workers’ compensation insurance—is injured on the job, the employee can file a workers’ compensation claim. A workers’ comp claim is a request to receive benefits including payments to help with costs like medical bills, lost wages, and rehabilitation expenses. Who files workers’ compensation claims? Employers…
Introduction As the cases of coronavirus (aka COVID-19) spread, many people are increasingly concerned about catching it in the office—especially those working in the healthcare, education, entertainment, and transportation industries. Many employers are particularly concerned and are wondering how to respond if an employee does contract the virus. One common question is: should employers…
Introduction Federal workers’ compensation law states that a compensable injury is an injury caused by an accident arising from the employment and in the course of the employee’s work. Whether the employee is entitled to receive compensation depends on the state jurisdiction. With every workplace incident, the insurance provider conducts an investigation to determine the…
Introduction As an agricultural business, you are aware that an injury can transpired any day and the occupation is considered high risk. In this article, we are going to discuss why workers’ compensation insurance is a must. What Kind of Injuries Can Be Expected During Agriculture Work? As a high risk profession in…
Introduction Employees in manufacturing businesses are at a higher risk of injuries during work as the job is quite demanding physically. The cost of the premium for workers’ compensation insurance in the manufacturing industry will vary according to the nature of the work, the number of employees and the previous claims. Let’s dig deeper into…
Introduction Pay As You Go is a relatively new method for workers’ compensation. This new method is different from the traditional approach and has some advantages which we would discuss in this article. Both approaches mainly differ in terms of the calculation of the premium cost of your policy and the time when you…
Introduction The rating is a method used by insurance companies to evaluate their premiums. Based on different rating charts, the insurance companies can adjust their premium high or low. Experience Rating For Workers’ Comp Experience rating in the worker’s compensation is typically a representation of preceding loss experience. It means that the risk…