Workers’ compensation insurance is a type of policy that may help cover employees for injuries or illnesses resulting from job duties. Workers’ compensation insurance can provide specific benefits such as medical care, wages from lost work time and more.

Who Does Workers’ Compensation Insurance Cover?

Workers’ compensation insurance is designed to protect employees who get injured or become ill due to a work-related event and may cover the following:

• Full-time employees are typically covered by workers’ compensation insurance. If an employee is injured on the job, this insurance may help cover medical fees and lost wages.
• Part-time employees may be covered by workers’ compensation insurance, depending on the state’s laws.
• Contractors, freelancers, and consultants may not be considered employees, but some businesses choose to offer workers’ compensation coverage to these workers.

What Are Workers Compensation Insurance Benefits?

Workers’ compensation insurance benefits can serve as a lifeline for employees who have been injured or become ill due to their job. While specific benefits can vary by state, they typically include the following:

• Medical expenses—Workers’ compensation insurance may help cover the cost of doctor visits, hospital stays, and medical treatments related to the injury or illness.
• Rehabilitation costs—If an injury or illness requires physical therapy or other types of rehabilitation, workers’ compensation insurance may help cover these costs.
• Lost wages—If an employee is unable to work due to a work-related injury or illness, workers’ compensation insurance may help replace a portion of their lost income.

How Many Workers’ Compensation Insurance Claims Per Year Are Allowed?

There is typically no limit to the number of workers’ compensation insurance claims an employee can make in a year. However, it’s important to note that each claim must be related to a separate incident or injury.

Workers’ compensation insurance is not just for large corporations. It can be equally important for Iowa’s small businesses, independent contractors and self-employed individuals. If you need workers’ compensation insurance, Elliott-Hartman in Waterloo, Iowa, is ready to assist.

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Contact us today for a quote tailored to your specific needs. Let’s work together to ensure you and your employees are protected in the event of a workplace injury or illness. Contact Elliott-Hartman for a quote today.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.