Workers' Compensation
Definition
Insurance that provides wage replacement and medical benefits for employees if they’re injured on the job.
What is Workers’ Compensation?
Workers’ compensation is required in nearly every state and protects both employees and employers from financial loss due to workplace injuries.
Why is Workers’ Compensation Important for Employers?
- It is a legal requirement in nearly all states
- Protects your business from potential litigation
- Ensures injured employees are cared for properly
- Reinforces a culture of safety and responsibility
FAQs
Who pays for workers’ compensation insurance?
Employers are solely responsible for providing coverage and paying premiums—employees do not contribute.
What types of injuries or illnesses are covered?
Injuries or illnesses that occur during the course and scope of employment, including repetitive stress injuries and job-related accidents.
Can an employee sue if they receive workers’ comp benefits?
Typically no. Workers’ compensation is a no-fault system that limits lawsuits, but there are exceptions for areas like gross negligence or third-party liability.
How ExtensisHR Can Help
We simplify workers’ compensation by:
- Offering access to group workers’ compensation insurance
- Handling claims intake, administration, and reporting
- Training on injury prevention and OSHA compliance
- Monitoring claims trends to help prevent future accidents