Employers in the United States are required to purchase insurance that provides their employees with a range of benefits in the event that they become ill or injured on the job. This is called workers’ compensation insurance, and it benefits not only the employees but also the employer. In all states, except Texas, workers’ compensation is required by law.
Workers’ compensation offers to pay for an employee’s medical bills when an injury or illness is incurred while at the workplace. This includes covering the cost of medical tests, appointments, treatments, and even surgery, if necessary. Workers’ compensation also covers the cost of lost wages some employees have to incur as a result of the injury or illness they sustained.
Find out how exactly workers’ compensation insurance benefits employers and employees.
Compliance With the Law
Employers are legally obligated to provide workers’ compensation to employees. Without it, employers would be responsible for covering the expenses of hurt or ill employees out of pocket – which could cost you several thousand dollars or more. Workers’ compensation prevents such a situation.
For employers that are not legally compliant, some states may provide the funds but will go after reimbursement of costs later on. They may also ask non-compliant employers to pay steep fines and face criminal charges. The last thing an employer wants is to be prosecuted and fined for negligence and non-compliance with workplace laws.
Protecting Employers Against Lawsuits
Workers’ compensation provides benefits to employees, such as paying for medical treatment regardless of who is at fault. It also ensures that while they recover, employees won’t lose wages. Some injuries or illnesses require weeks or months of treatment and time off, which can be financially debilitating for an employee. Workers’ compensation prevents such a situation.
Protecting Employees’ Health and Well-Being
It is important for an employer to take care of employees when they develop a condition or sustain an injury. With workers’ compensation, employees can have peace of mind that if they sustain a work-related illness or injury, their medical expenses will be covered and that they can recover lost wages.
With all things considered, securing workers’ compensation insurance is a wise investment. Other than attracting good talent, employers also send forth the message that they care about the health and well-being of their employees.
Neurosurgeon Accepting Workers’ Compensation in Colorado
Front Range Spine and Neurosurgery is a leading neurosurgery practice located in Lone Tree, Colorado Springs, and Aurora. If you have injured your neck or your spine, our team of health care providers is here to help. We guarantee expert and friendly service and aim to give you an exceptional experience in our cutting-edge facilities.
Among the services we provide are independent medical evaluations, disability determinations, rule 16 medical records review, and the management of workers’ compensation cases (Level II accredited). We accept most commercial insurances, including Medicare and Federal Employees’ Insurance.
To schedule a consultation, call Front Range Spine and Neurosurgery at (303) 790-1800 or send us an appointment request now. We look forward to assisting you.