Our risk management team workers compensation team works closely with you to identify and address your key issues as well as how macro trends impact your business. We then create a solution that best protects your company, employees, and third parties.
Workers’ compensation benefits often cover:
- Medical treatments
- Disability benefits
- Vocational rehabilitation
- Funeral services and death
Choose Best Workers’ Compensation Insurance in USA 2023
Insurance companies don’t usually offer workers’ compensation policies that are different from the ones offered by state fund workers’ comp plans. Most insurance companies offer the same workers’ compensation plan as the state fund. Some companies, such as The Hartford, offer endorsements which can increase coverage. Your benefits and coverage requirements may vary depending on where you live.
Your employee can file a workers’ comp claim to pay for medical treatment if they sustain an injury or illness while at work. This could include paying for their:
- Consultations with a doctor
- Visits to the hospital and emergency rooms
- Rehabilitation and therapy
- Equipment for recovery
Your employee may require ongoing care to help with recovery from an injury or illness that is more serious. Workers’ compensation usually covers these costs, but may not cover certain types of care such as:
- Naturopathic treatment
- Homeopathic medicine
Workers’ compensation can help employees who are injured or sick at work. Let’s suppose your employee falls on a chair in the office and injures his ankle. The ankle injury results in him limping, which can lead to back pain. Because his ankle injury caused him to fall, workers’ compensation can cover his back treatment.
Sometimes, an employee can become disabled due to a work-related illness or injury. These four categories usually fall under the umbrella of work-related disability:
Temporary total Disability refers to an employee who is temporarily unable to work but will be able to return to work in full capacity.
Temporary partial disable allows them to work in a reduced capacity and not need to take time off. An example: A worker who slips and breaks her wrist in the workplace may be partially disabled. However, she can continue working for half a day until it heals.
Permanent total disable renders your employee unable to work and prevents them from ever returning to their former position.
Permanent partial disable Your employee will be able to return to work but not in the same capacity they were before the injury.
Workers’ compensation may be able to help your employee who is disabled take time off work to recuperate. Workers’ compensation can provide permanent disability benefits to your employee if they have a permanent disability. You should be aware that the state’s disability payment system is different.
Workers’ compensation can cover the ongoing care of your employees. These include ongoing physical therapy and vocational rehabilitation that help employees learn new skills to allow them to return to work in a new role. Workers’ compensation can also cover new certifications and training.
A Transferable Skills Analysis may be available to your disabled employee. This allows them to find new jobs that allow them to learn new skills and accommodate their disability. Your employee will usually be assigned a vocational counselor to conduct the analysis. These counselors may also be able to help your employee get new training or education. Many workers’ compensation programs provide two years of vocational rehabilitation. Your employee may still be eligible for financial benefits for lost wages during this period.