FOSTERING BE THE KNOW COLLABORATION
WORKERS’ COMPENSATION
BENEFITS OVERVIEW
When employers purchase workers’ compensation insurance, such a policy is used to cover expenses that result from employees becoming injured on the job. These policies also cover employees who experience occupational diseases that were caused by work. This coverage includes the following benefits:
• Medical treatments
• Disability benefits
• Vocational rehabilitation
• Death benefits
It is important for employers to understand the different types of benefits that employees can receive under workers’ compensation coverage. By doing so, employers can monitor their workers’ compensation claims and save money while also providing a better claim experience for their employees.
MEDICAL BENEFITS
Medical benefits are the benefits that are paid out by a company’ s workers’ compensation insurance policy for an employee’ s medical treatment. This coverage pays for the medical treatment necessary to treat the employee’ s work-related injury.
Any medical treatment that the employee receives will be covered, so long as it is considered medically necessary or reasonable to treat the work-related injury. Alternative medicine treatments are normally not covered by workers’ compensation coverage.
There are specific statutory requirements and limitations for types of medical treatments covered by workers’ compensation insurance, but these requirements vary by state.
DISABILITY BENEFITS
There are several different disability benefits available for employees under workers’
30 • SpectrumInsGroup. com