What do I Need to Know About Workers’ Compensation Insurance?

When people go to work, they expect to go through their usual everyday routine. They tend not to consider the idea that they could be involved in an accident. However, regardless of what a person’s profession is, there is always a chance that an accident can happen at work. If it does, employees can be comforted by knowing that workers’ compensation is available if they become injured on the job.

What is Workers’ Compensation?

If an employee is injured at work, it can cause them to be unable to work for an indefinite period of time as they work to recover. It is because of this that there is financial compensation available to assist them. Workers’ compensation is insurance that helps employees who become injured or contract an occupational disease while at work. This provides employees with benefits to help them while they cannot work. The benefits an individual may receive can include:

  • Medical care
  • Supplemental benefits
  • Social security benefits
  • Death benefits
  • Long term benefits in the event that they are no longer able to work

Employees should report the accident to their employer or supervisor immediately as well as file a claim to receive workers’ compensation. The Workers’ Compensation insurance carrier will then evaluate the claim. This process can include investigations and interviews to determine whether or not the claim is covered under workers’ compensation law. When a decision is reached, it is important to know that both sides have the right to appeal the approval or denial.

Who is Responsible?

After a workplace accident happens, injured employees usually want to hold someone responsible for what happened to them. While it technically is possible to hold an employer responsible, it can cause a hostile work environment. It is because of this that workers’ compensation exists. When employees receive this insurance, they are prohibited from pursuing legal action against their employer. 

Third Party Lawsuits

Even though an employer cannot take legal action against their employer if they receive workers’ compensation, they can do so against a third party. If another party is responsible for the accident that was caused, they can be held liable while the employee collects the insurance. It is important to know that if the employee wins the lawsuit and receives further compensation, they may need to pay back the workers’ compensation.

Contact our Firm

If you have become the victim of an on the job injury, it may be beneficial to speak with an attorney and the doctor that is treating you to determine how to make the process as easy as possible. AllianceMeds understands that a workplace accident can be challenging and is here to help. We will deliver your medication to your door using overnight delivery and cover any out of pocket expenses that may arise. If you have any questions about how we can help, contact AllianceMeds today.