As an employer, you need to understand workers’ compensation laws in your state. Understanding these various laws and policies ensures a safer work environment for your employees and your business.
What Is Workers’ Comp Insurance?
Workers’ compensation insurance is a financial safety net for businesses and their employees. Workers’ comp is designed to provide benefits for employees who are injured on the job. These benefits include medical expenses, lost wages, rehabilitation costs, and death benefits. Workers’ comp insurance will protect your employees whether they are physically injured or become sick from their working environment. Workers’ comp insurance helps businesses protect themselves from liability lawsuits.
To maintain a safe work environment, most states require employers to have workers’ compensation insurance. If there is an injury on the job, your workers’ compensation insurance policy will cover any employee’s medical attention or loss of income resulting from it.
Workers’ Compensation In New York
New York business owners are required to have workers’ comp insurance for every employee. Employers have to carry workers’ comp insurance for:
- Day laborers
- Leased or borrowed employees
- Part-time employees
- Unpaid volunteers (including family members)
- Full-time employees
- Some subcontractors
- Certain independent contractors
- Self-employed with employees
Once an employee is injured, they must seek treatment from a healthcare provider authorized by the Workers’ Compensation Board (WCB). The exception is in an emergency situation. Once you, the employer, become aware of an injury, you will need to communicate with your insurer throughout the claim process. Remember, as an employer, it’s your job to document the claim process properly.
What Does Workers’ Comp Insurance Cover?
Workers’ compensation insurance provides benefits for employees injured on the job even if the employee is at fault for the injury. For example, an employee may try to move a piece of furniture that requires two people to move it and damage their back. Even though the employee chose not to follow the proper procedure, they can still file a claim. Moreover, it doesn’t matter who’s at fault – injured employees can still receive benefits!
Injuries Not Covered
- Injuries sustained while intoxicated at work
- Wounds received while committing a crime at work
- Self-inflicted injuries
- Injuries received while fighting during work hours
- Injuries sustained while breaking company policy
Depending on what state you’re operating in, some of these situations won’t be covered by workers’ comp insurance. As a result, state law determines what injuries your workers’ comp has to cover.
New York Workers’ Comp Benefits
- Medical coverage that pays for everything from doctor visits to prescription medications
- Benefits that provide for employees lost wages if they are out of work more than a week
- Vocational rehabilitation is provided for employees who can’t return to their prior position
- Death benefits for the employees nuclear family
Injured or ill employees will receive the above benefits based on their employers’ insurance policy. Employers and employees can work with peace of mind when the right workers’ comp insurance is in place.
Custom Insurance Packages
Enforce Coverage Group is here to help local New York businesses get the coverage they need. In addition, our team is ready to provide a custom insurance policy for any business. Enforce provides:
- General Liability
- Workers’ Compensation
- Commercial Auto Insurance
- Professional Liability
- Property Insurance
- Life and Health Insurance
The good news for you and your business is that we have the expertise necessary to help sort through all of the complexities of workers’ comp insurance. In other words, we understand that it can be hard to find coverage that will work with all your business operations. Allow our team to match your business with the best-suited coverage. If you want to learn more, click here!