What Does Workers’ Compensation Cover?
Workers’ compensation is a type of insurance wherein employees who have sustained a work-related injury or illness can get coverage. For example, a factory employee who has sustained a hand amputation because of an equipment malfunction may get coverage from the factory owner. But take note that injuries and illnesses can happen in any work environment, including relatively safer ones like office buildings. For this reason, it is just right to have workers’ compensation for all kinds of workers. But what does workers’ compensation really cover? Different states have different workers’ compensation laws. For example, permanency benefits, or the benefits of sustaining a permanent injury, is available in New Jersey, but not in Pennsylvania. The coverage of workers’ compensation typically involves factors that may be financially challenging for the injured or ill employee. There is the most obvious financial burden – the hospital bills, medication costs, and expenses relating to the rehabilitation of the affected body part. One of the most overlooked consequences of injuries and illnesses is how it can affect the employee’s job performance and general employability. The injury or illness may have enough influence toward the employee for him to not fully accomplish his tasks, or worse, not be able to do them. This physical limitation may also affect their attractiveness as a person in the job market. These two things can affect the earning capacity of the individual, which may result in further financial burdens. It is good to know that workers’ compensation considers these in determining the amount of coverage. The website of Robert Wilson & Associates says that those who have been hurt on the job can struggle on securing workers’ compensation benefits. In the financial standpoint of the employer, this is understandable, because it would want to maximize profits and minimize expenses. But in the legal and moral standpoint, this is just unacceptable. It is good to know that there is a legal concept such as workers’ compensation. This way, employees can experience less financial burdens when they have been temporarily or permanently compromised physically because of their job.