Workers Comp

The Role of Workers’ Comp Insurance

Workers’ compensation is a must-have insurance for companies with employees in order to provide benefits to employees who are injured or become ill on the job. Through this program, workers receive benefits and medical care, and employers are assured that they will not be sued by the employee.

Workers’ compensation is administered at the state level through the U.S. Department of Labor’s Office of Workers’ Compensation Programs. Every state requires employers to purchase workers’ compensation insurance to ensure that employees, affected by illness or injury, and their dependants, are protected against significant hardships in case of injury, illness, or death.

For the record

As an employer, ensure that your employees and management staff know that accident reports must be completed when an employee is injured or claims job-related illness. It is important to provide the claims filing forms from your chosen workers’ compensation company. Also, work closely with your workers’ compensation agent to ensure that both the employee’s medical needs and your liability are covered. Follow the guidelines we provided and make sure the claims are completed completely and in a timely manner.

Remember, you can also contact your state workers’ compensation office for help.