Resources

Workers’ compensation insurance helps protect businesses and their employees from financial loss when an employee is injured on the job. This coverage helps protect employers from potential damages that could destroy a business based on workers’ comp claims.

If it is a medical emergency dial 911, otherwise we ask you to call us immediately at 1.866.468.6256 so we can help you report a claim.

If an employee is injured while working, they should immediately report the injury to their supervisor. Once the injury is reported, the report should include the date, time, and description of the injury that occurred. Each state has different requirements about when an injury should be reported, but it’s always best practice to report the injury as soon as it happens.

Most states require business owners to carry workers’ compensation insurance for all their employees. Requirements vary by state and are based on factors such as the type of business and number of its employees. Businesses that fail to carry workers’ compensation insurance can be subject to harsh fines and potential lawsuits.

Workers’ compensation regulations and rules vary by each state. In most cases, coverage is provided to all employees who are on the company’s payroll. Volunteers and independent contractors are typically excluded, and coverage is not provided. In some cases, a business owner may be liable for coverage to a subcontractor if the subcontractor does not have workers’ compensation insurance.

If an employee is hurt, becomes sick, or dies because of a work-related accident or illness, authorized medical expenses, lost wages, and funeral expenses may be covered by workers’ compensation. Requirements & rules vary by state.

Accidents that are a result of an employee being under the influence of drugs or alcohol usually will not be covered by workers’ compensation insurance. Coverage may also be denied for injuries that are intentionally caused or accidents that occur outside of the course and scope of employee’s work. Requirements & rules vary by state.

Workers comp coverage starts automatically – the moment a worker begins his or her job.

Employers must report all work injuries that result in either any medical attention or one lost day of work or more. Filing a FROI does not impose liability upon the employer for that injury. The first report of injury must be reported to the employer’s insurance carrier. It is up to the insurance adjuster to deny or accept compensability of the claim.

Every state has its own classification code. This depends on the type of work performed by the company’s employees. The National Council on Compensation Insurance (NCCI) assigns these codes. Each company’s payroll gets multiplied by a rate that matches the class code. Each class code has a rate per $100.

These three-to-four-digit codes identify types or classes of work. Insurance companies use these codes to help estimate risk to determine workers’ compensation insurance costs. Underwriters and insurance agents look up the codes in the National Council on Compensation Insurance (NCCI) Scopes online tool. Each workers’ compensation class code includes information on the losses accumulated by specific types of work to help determine insurance costs.

Workers’ compensation provides benefits to a company’s employees if a worker is injured on the job or suffers a work-related illness. Workers’ compensation pays for medical costs to treat work-related injuries or illnesses, missed wages and disability benefits. In comparison, health insurance pays an employee’s medical expenses for non-work-related injuries or illnesses.

The answer is simple: SAFETY. The number one way to reduce workers’ compensation costs and claims is through safety and training within your organization. Studies show that safety measures, training and experience contribute to a reduction in work injuries. Building a safe environment in your organization is key. Creating this kind of environment is a great starting point to helping your employees do their jobs safely and with confidence.
If injuries happen to occur, programs like return to work, telehealth and drug and alcohol testing can reduce the cost of claims and lower premiums over time.