Best Workers Compensation Insurance Of 2022 – Forbes Advisor

There are several facets of a workers comp policy, including:

Medical expenses

A workers compensation insurance policy offers coverage for injured or ill employees’ medical treatment when the cause relates to their job. This can include payment for doctor’s visits, emergency room visits, surgery, medication and ongoing care.

Medical expenses related to Covid may be covered, depending on your state and occupation. The National Council on Compensation Insurance tracks legislation related to workers comp coverage of Covid.

Lost wages

When an employee is injured or becomes ill because of their job, it often leads to time off for healing. During this time, your workers compensation insurance typically pays partial wages. This helps ensure the affected parties still have income during their recovery period.

Disability benefits

If your employee sustains a job-related injury or illness that results in a disability, full or partial disability benefits can help your employee pay their medical bills and supplement some of their lost wages.

Continuing care

If an employee has a work-related injury or illness that requires extended care, workers compensation insurance can help pay for ongoing care like physical therapy.

Death benefits

If the worst happens and your employee dies from a work-related injury or illness, your workers compensation insurance will usually cover funeral and burial expenses as well as survivor benefits for their beneficiaries.

Leave a Reply

Your email address will not be published.