Workers’ compensation insurance provides wage replacement benefits and medical care for employees injured on the job. It also pays a funeral benefit to those who die in a work-related accident.
New York State law requires employers to carry workers’ compensation insurance. They can purchase a policy from a private insurer or from the New York State Insurance Fund. They can also self-insure and pay the benefits directly to the state.
The Workers’ Compensation Act
The Workers’ Compensation Act is a comprehensive system of regulations that protects workers from financial hardship resulting from a work-related injury or illness. Among other things, the law requires employers to pay for workers’ compensation insurance and sets up a fund to compensate employees who have been cheated by their employers of workers’ comp benefits.
Almost every state provides basic medical benefits, including surgery, nursing care expenses and medication costs, to workers who suffer work-related injuries or illnesses. Each state also has laws that provide additional medical benefits, such as rehabilitative services.
Many states have laws that offset workers’ compensation benefits so that a worker is only paid once for an injury or illness that affects his or her ability to work. In addition, half of the states have laws that offset workers’ compensation benefits against disability benefits from Social Security.
The California Workers’ Compensation Act
The California Workers’ Compensation Act guarantees prompt and automatic benefits to employees who are injured on the job. Benefits include medical care, lost wages and disability payments to cover permanent injuries.
The Act also provides supplemental job displacement and vocational retraining costs for workers who can no longer work in their prior jobs. Death benefits are also paid to dependents of workers killed while working.
Injured workers must file their claims within the time limits specified in the Workers’ Compensation Act. Otherwise, they may lose their rights to compensation.
Employers should always be sure they are properly insured for workers’ compensation coverage in order to comply with California law. In addition, employees should consult with an experienced California workers’ compensation attorney to make sure they receive all of the compensation benefits they are entitled to under the law.
The New York Workers’ Compensation Act
The New York Workers’ Compensation Act protects employees who get hurt on the job. This is a great benefit to employees because it gives them the ability to get medical care and return to work without having to pay for it themselves.
In addition, this law provides disability benefits for injured workers. These benefits cover a percentage of lost wages, up to a certain amount, depending on the nature and severity of the injury.
However, there are some important rules that must be followed in order to receive the benefits you deserve under the New York Workers’ Compensation Act.
The most important thing is to report your injuries immediately after the accident. If you don’t report the injury within 30 days, you may lose your right to file a claim and your rights to compensation and medical care.
The United States
The United States Workers’ Compensation Act provides that all employers of one or more employees, regardless of the number of hours they work per week or their status as sole proprietors, partners or corporate officers, must carry workers’ compensation insurance. The laws and regulations of each State determine what injuries and illnesses are compensable, how much compensation is payable and who is covered by the law.
Unlike many other types of insurance, such as health and life insurance, workers’ compensation is a form of state-mandated insurance that provides cash benefits and medical care to injured employees who are entitled to those payments under the law. The employer pays the premium and workers’ compensation claims are processed by legislatively created state boards.
Some workers are exempt from coverage, including agricultural employees, railroad/railway companies and their employees, and some independent contractors (with no employees) such as licensed real estate brokers and drivers working with a contract carrier. Most household/domestic workers are also exempt.