The 4 Types of Disability Benefits for Workers' Compensation

image credit: Rawpixel.com/shutterstock.com

Accidents happen, and sometimes employees are injured and cannot return to work immediately. It’s important to understand your claim benefits. Workers' Compensation disability benefits provide a portion of your income while you’re unable to work due to a work injury. The type of injury that was sustained (temporary or permanent) will determine your benefit. Below are the 4 types of disability benefits: 

Read More

Topics: Workers' Compensation

Diffusing the Risk of California Workers’ Compensation Litigation

image credit: didesign021/shutterstock.com

Navigating the Workers’ Compensation (WC) system can be confusing and overwhelming. Injured employees need to feel comfortable with the system, with the employer’s response, and with the benefits they are entitled to. When an employee is injured, their livelihood can be seriously affected. Unfortunately, a collective myth exists in the injured worker’s mind that their employment is in jeopardy because of this incident. How stressful is that?

Read More

Topics: Claims, Workers' Compensation

Workers’ Compensation Deductible Plan Options

image credit: giggsy25/shutterstock.com

A workers’ compensation deductible plan has become a more popular option among contractors. Whether it is a small or large deductible plan, this plan may allow premium savings to your company that can help control your workers’ compensation costs. Continue reading to learn what workers’ compensation deductible plan might work best for you!

Read More

Topics: Workers' Compensation

Does a Workers’ Comp Policy Cover Employees Working In Another State?

image credit: Monkey Business Images/shutterstock.com

Have you heard the saying, you go where the job is? Well, this rings true for most contractors, as they often find work outside the state where their business is physically located. On the surface, this doesn’t seem like a problem. However, it’s important to understand how working in a variety of states can pose some Worker’s Compensation (WC) insurance challenges for your company if an employee becomes injured. Before doing work in another state, you need to ask, does my WC insurance provide my employees coverage if they are injured in another state?

Read More

Topics: Workers' Compensation

Is a Workers' Comp Self-Insurance Program Right for Your Company?

image credit: Dima Sidelnikov/shutterstock.com

Workers’ compensation self-insurance programs are risk management techniques where a firm sets aside a pool of money to provide for any unexpected losses that occur. This is done instead of purchasing a third-party insurance program, also known as a fully-insured plan. So, instead of paying worker’s compensation premiums, that money is earmarked for this special fund to pay for any claims that are incurred.

There are different types of workers’ comp self-insurance available to your company.

Read More

Topics: Workers' Compensation

A Look at the Workers' Compensation Marketplace

image credit: watchara panyajun/shutterstock

A business owner’s workers’ compensation insurance requirements will vary by state, by industry and by the size of the company. The following list details the sources where a contractor can secure these benefits.

Read More

Topics: Workers' Compensation

Breaking Down Workers' Compensation Premiums


image credit: Rawpixel.com/shutterstock.com

Workers’ compensation insurance provides employees with lost wages, medical treatment and death benefits (to employee’s families) for job-related accidents or injuries. It is frequently a construction company’s single most expensive line of coverage. Let’s look at how your workers’ compensation premium is calculated and what you can do to keep your cost as low as possible.   

Read More

Topics: Workers' Compensation

How to Prepare for Your Workers' Compensation Audit

image credit: Rawpixel.com/shutterstock.com

Workers’ Compensation policies are written with premiums based upon your company’s payroll estimate at the beginning of each policy period. At the end of the policy period, your insurer will audit your payroll records to obtain your actual payroll numbers. 

Read More

Topics: Workers' Compensation

Why EMR Matters to Construction Companies

image credit: ilkercelik/shutterstock.com

For construction companies, an Experience Modification Rate (EMR) is the number that insurance companies use to measure past claims. What does this mean for you?

Read More

Topics: EMR, Workers' Compensation

3 Facts About Workers' Compensation You May Not Know

image credit: PhuShutter/shutterstock.com

If an employee gets hurt or impaired due to their work, Workers’ Compensation can provide coverage. Workers’ Compensation protects the most valued assets of a company—your employees. Continue reading this blog post to learn 3 facts about Workers’ Compensation that you need to know!

Read More

Topics: Workers' Compensation