Worker’s Comp - Understanding Coverage, Benefits And Why It Matters
Workplace injuries can happen even in environments where employers prioritize safety. From slips and falls to repetitive-motion injuries and work-related illnesses, employees may face unexpected medical expenses and lost income. This is where worker’s comp becomes important. Short for workers’ compensation, worker’s comp is a form of insurance designed to provide financial and medical support to employees who suffer job-related injuries or illnesses. What Is A Worker's Comp? Worker’s comp is generally provided through an employer’s workers’ compensation insurance coverage. When an employee experiences a qualifying workplace injury or illness, the program may help cover medical treatment, rehabilitation costs, and a portion of lost wages. In some situations, benefits may also be available for long-term disabilities or to eligible family members following a work-related death. The purpose of worker’s comp is to provide employees with financial protection while also giving employer...