Workers' Compensation

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Related to Worker's compensation: Workers Compensation insurance, Workers Compensation Act, Workers Compensation Benefits

Workers' Compensation

Insurance that pays for an employee's medical care in the event that he/she is injured at work. Workers' comp may also provide for lost wages and compensate for disability or reduced earning potential. In exchange for receiving workers' comp, the employee surrenders the right to sue the employer for negligence. Workers' comp is mandatory in many jurisdictions and employee paychecks are reduced by the amount of the premium.
References in periodicals archive ?
The program underscores our belief that physicians have the greatest impact on the outcome of a worker's compensation claim," Barrett said.
The Worker's Compensation Insurance Rating Bureau reports that while the number of claims filed has been on a slightly downward trend, payments to physicians increased 18 percent, payments to hospitals increased 17 percent and payments to pharmacies increased 37 percent, between calendar years 1999 and 2000 alone.
His expertise is in civil litigation and worker's compensation cases, and in workplace safety issues.

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