Workers’ Compensation

When an employee is hurt or injured while on the job (whether on site or while on the road) and are not able to return to work for a definite amount of time, then can avail of worker’s compensation. Worker’s compensation is an insurance policy where the employer is required to pay, or has insurance to pay, an injured employee’s medical expenses and lost wages due to an accident that occurred while on the job. It is hailed as the oldest insurance program in the United States.

Worker’s compensation aims to help injured workers (both economically and physically) to get back to work in order for them not to harm the company’s productivity. When a worker accepts the worker’s compensation given by the company, he or she has waived their right to sue for the injury, thus making worker’s compensation a fair trade in protecting both the workers and employers during such times.

This law is ruled by statues of each state.  Each state has their own specific laws about worker’s compensation, although the key elements are the same. Statutes for worker’s compensation required employers to obtain state-funded or private insurance (or even to self-insure) to guarantee that workers will receive benefits.

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