If you're like most employers, you're concerned about the rising costs of employee benefits. And few such costs are increasing as rapidly as those for workers' compensation insurance.
(Source: Industrial Distribution)
Last year, workplace injuries affected thousands of employees and cost U.S. companies more than $110 billion. Chances are, your firm will eventually have to deal with a workplace injury — which means that you will also have to deal with a workers’ compensation claim.
(Source: AllBusiness.com)
The cost of workers´ compensation insurance is determined by the workers´ compensation board in your state. Although base rates vary slightly from state to state, the basic process each state uses to calculate base rates is similar.
(Source: AllBusiness.com)
Workers' compensation benefits provide coverage for medical expenses as well as reimbursement for lost wages when employees are injured on the job. Workers' compensation coverage includes two types of protection: workers' compensation and employer's liability.
(Source: AllBusiness.com)
See all Workers' Compensation articles
