Understanding Workers’ Compensation
Workers’ compensation policy is like no other, and it is a national program. This policy is not optional, and most of the states (all except Texas and Oklahoma) require all employers to carry compensation for employees by law.
In its most common sense, workers’ comp is a government-mandated system that pays monetary benefits to employees who became injured or disabled as a result of a work-related illness or accident. This is a type of insurance that offers workers compensation for their injuries or disabilities.
Keep in mind… By agreeing to receive workman’s compensation, employees agree to give up their right to sue their employers for negligence. The goal here is to protect both parties as workers usually give up further resources in exchange for guaranteed compensation, while employers consent to a certain amount of liability while avoiding far more damage (not just losing money but reputation) caused by a larger-scale lawsuit. In other words, all parties benefit from avoiding the legal fees needed to process a trial.
However, like previously mentioned, employers and their attorneys find ways to reject compensation claims, and this is where you may need a lawyer by your side. Keep reading for more benefits of contacting a professional workers’ compensation attorney.