Should employees accept workers’ compensation insurance?

Workers’ compensation insurance was created to protect both the employee and the employer in the event that an employee gets injured while working. In the past when this insurance coverage was not mandatory, injured employees had to use their own money to cover medical bills and they lost a lot of wages. For some employees, the best option to get compensation was to sue the employer. This meant that employees had to prove in a court of law that the injury suffered made them lose wages or made them go for extensive medical care. If this was proven in court, employers had to pay a lot of money to employees. But introduction of workers compensation insurance changed all that.

Rather than an employee suing the employer, the workers compensation insurance allows the employer to give the employee money to cover medical bills and lost wages. For an employee who accepts this money, the employee cannot sue the employer. This is a win-win situation for both sides. The workers’ compensation insurance is actually more beneficial to employees who cannot sue their employers because they do not have money for court processes. But it is very important for employees to understand that before they accept workers’ compensation insurance, they must be treated fairly.

Employers do not want to be sued and accepting workers comp insurance is the best option for saving money and time. But every injury at a worksite is unique and situations are different. The best way for employees to know whether they should accept this compensation from their employers is to speak to an injury attorney. This option is very important for employees facing life threatening injuries or an injury that may turn to permanent disability. Moreover, every jurisdiction has laws in place that define what workers’ compensation insurance really is and the situations that may force an employee to accept this compensation or sue their employer.  

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