Why is worker´s compensation so important?
Workplace accident are tragically common, and employers must be prepared to face these situations.
Worker´s Compensation Insurance protects your employees from legal complications resulting from an injury at work. Employees will receive the medical care that they need in the event of an injury, and they will be compensated with a portion of their regular income until they are able to return to work.
Workers compensation is an important part of your business employee benefit package, those benefits can be partial or total depending on the specific situation.
Temporary Partial Disability
If the employee can still perform light duty after an injury at work, the employee can receive temporary partial disability benefits: two-thirds of the wage differential between current pay and pay before the accident.
Temporary Partial Disability is designed to be relatively short term, only until the worker can return to the regular position held before the injury. This arrangement is often used in cases involving muscle strains, minor fractures, and other non-life-threatening injuries.
Temporary Total Disability
If the employee cannot work at all, the employer must offer temporary total disability benefits, these benefits consists of two-thirds of the employee´s usual weekly wage.
As soon as a worker has missed three full days of work because of an injury. The employer is required to begin Temporary Total Disability payments.
Permanent Partial Disability
When an injury on the job has permanent results, the worker receives permanent partial disability to offset the loss of wages caused by the trauma.
Permanent Partial Disability payments are made in the following situations:
Partial Loss of use of the whole body
Total or partial loss of any individual body part
Total or partial loss of the use of any body part, including hearing or sight.