All 50 states require Workers Comp though most if not all have exemptions. Most if not all states allow you to self-insure if you have enough cash to set aside. Even if you exercise an exemption, you remain liable, so make sure you have plenty of cash for work-related injury claims if you don't carry coverage. Also, even if you don't think your employee would sue, their spouse or minor children who have to get through life on your employee's reduced salary if he has a major injury, or without his salary and companionship if he dies, may present an issue. In short, yes, please carry Comp or a Comp alternative. For specifics in Illinois, please contact your Department of Financial and Professional Regulation, Division of Insurance, at 217.782.4515 or www.ins.state.il.us/default2.htm.
A insurance provided by employers for injured employees. There is a provision in Texas law whereby an employer may elect not to purchase workmens' comp insurance. About 33% of Texas employers do not have WC insurance.
what are the problems in enforcing workmens' compensation act? what are the problems in enforcing workmens' compensation act?
no
yes
In most states the employer MUST carry Workmens Comp. It's the law. Check with your local wage and hour or whatever it's called in your state. Workmens Comp protects employees while on the job and pays for the medical costs when an accident occurs while at work. On the other hand, if you're talking about health insurance, employers are not required to carry medical policies for employees but many employers do because it is a good way to keep valuable employees from seeking other employment.
No. The workers compensation payments are on an individial.
yes
workmens compensation
As of July, 2014 the maximum settlement amount for worker's compensation in Indiana is 347,000.00. This is for all compensation.
Contact the Dept of Labor for this answer.
Yea
The minute that employee sets foot on your premisis he is covered. Now for regular health insurance he/she will have a time period as stated by your company. But workman compensation covers ANY employee regardless of how long they have been in your employment.