Workers compensation insurance provides coverage for an employee who has suffered an injury or illness resulting from job-related duties. Workers Comp insurance coverage includes medical and rehabilitation costs and lost wages for employees injured on the job. Workers compensation protects workers by making sure that they are compensated for their injuries. It also helps employers because it relieves them of liability for claims and gives them certain legal protections, including legal defense from most injury lawsuits.
Did you know?
Americans treated for falls each year
Each year, more than 500,000 Americans receive hospital treatment for slips, trips and falls. These accidents cost American businesses $11 billion annually, accounting for a staggering 65 percent of lost workdays across all businesses. In fact, slips, trips and falls were among the top five most expensive claims between May and September last year, accounting for just over $21 million, or 28 percent of all Pinnacol claims.