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 ?
Provides: Workers comp, classes, rehearsal space, choreography opportunities, discounts with local body work practitioners.
When I first spoke to CHW, I saw an organization with significant workers comp challenges, and I knew with my experience, I could make a difference.
Before Christi's accident, the Atkins had no idea their daughter was not covered by a workers comp insurance policy.
Winners of the awards will include employers, lawyers, medical and insurance experts who have contributed to making improvements to the workers comp system.
While companies buying workers comp and their brokers are a key part of the 100,000 industry professionals who subscribe to Advisen, the Workers' Comp Kit([R]) also offers a predictive analysis enabling insurance companies, state funds, captives and reinsurers to establish a threshold risk profile for underwriting purposes.
Traditionally, workers comp has been largely spared from asbestos claims due to statutes of limitations, smaller benefits and subrogation," said Blanco.
AMCOMP furthers the education of all workers comp professionals by providing relevant courses in the workers compensation field of study and in related disciplines, through its WCP designation program.
In California, we've successfully grown our membership in workers comp SIGs primarily by direct marketing -- by signing up new members directly, through our own efforts.
The cost for workers comp has increased dramatically in recent years growing from $9 billion in 1995 to $30 billion today.
Self-insured employers and carriers are turning to browser-based claims technology to tighten management over their workers comp claims process.
It is estimated that between 20 and 30 percent of workers comp cases are fraudulent in nature, or the injuries predate the time of employment.

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