Workers' Compensation


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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 claim was denied because off-duty injuries are generally not covered by workers' compensation, Turner said.
Licensed Florida physician or practice, minimum two years' workers' compensation experience
In 2000, a county report found some sheriff's personnel and firefighters were collecting the tax-free workers' compensation benefits over the course of their careers and then filing a final claim a year before retirement to boost their pensions.
Rising premiums have led some companies to bypass workers' compensation insurance completely,'' Hill said.
To resolve the issue, the Workers' Compensation Fund of Utah transferred its stock in Advantage to a voting trust, giving the trustee legal title to the shares.
Workers' compensation payments to chiropractors are 148 percent higher in California than in the median state.
The IRS issued a notice of deficiency stating the Floreses should have included the workers' compensation in their income.
Since the 1997-98 budget period, the county's workers' compensation costs have nearly quadrupled - from $114 million to an estimated $414 million this fiscal year.
For more information on how to make your workplace safe, visit the California Division of Workers' Compensation website at www.
However, within the last five years, workers' compensation rates skyrocketed by 90 percent and an alternative to traditional coverage was demanded by business owners.
The main reason for filing a workers' compensation claim is an employee injury.
In many companies, workers' compensation costs are threatening budgets, profit margins and sometimes the organization's survival.

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