Is it worth filing workers comp?

Small business owners, or policyholders, who wonder “should I file a workers’ comp claim?” can rely on a simple rule of thumb: any worker injury that requires medical help beyond self-treating first-aid is an injury that should be filed. Every state has different reporting deadlines for work-related injuries.

Does workers comp affect your job?

Having previously received worker’s compensation benefits should not affect your future employment in any way. You are legally allowed to collect workers’ compensation benefits if you get hurt on the job. As such, employers cannot hold it against you that you are injured or collect benefits.

Who pays the compensation when an employee is injured?

employers
Regardless of the state you’re in, employers pay for workers’ compensation insurance. Your cost for workers’ compensation is a percentage of your payroll. Unlike health insurance, there are no employee payroll deductions for workers’ compensation insurance.

How is an injury claim calculated?

Multiply the total of your special damages by one or two to get a fair estimate of your pain and suffering value. Most insurance companies will accept a multiple of one or two times your specials for mild to moderate injury claims.

Is your business committing workers’ compensation fraud?

Committing workers’ compensation fraud is a serious offense. It can also have significant financial consequences for your business. Make sure you know your state’s coverage requirements. And be sure you’re able to recognize the signs of workers’ comp fraud. We’re here to help you protect your business and employees.

What is the San Diego workers’ compensation fraud ring?

For years, dozens of marketers, doctors, lawyers, and medical service providers conspired to buy and sell patients—and their individual body parts—like commodities for insurance and workers’ compensation purposes. The San Diego-based fraud ring cheated the California workers’ compensation system and private insurance out of more than $200 million.

What happens if you don’t have workers’ compensation insurance?

If you don’t purchase workers’ compensation insurance and your business is in a state that requires it, this could constitute as fraud. Workers’ comp from The Hartford helps provide your employees with important benefits if they get hurt or sick because of their job.

What happens if an employee fakes a workers comp injury?

If one of your employees collects workers compensation benefits for an injury they didn’t suffer, your company will pay the price. This is why it is very urgent that you know when an employee has faked their injury and when they are being genuine. Jane slipped and fell on some spilled liquid at the workplace.