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I personally think everyone should be covered by Comp or an alternative, such as Occupational Accident or a self-insured plan. Even if you have health insurance, if you're injured on the job - even if it's in an auto accident on your way to the bank, if you're seriously injured and can't work for years, who will pay those health insurance premiums and lost wages? Comp has lifetime medical for work-related injuries. Occupational Accident is available in most states, and you can customize it for yourself and for any executives, partners or others that may be eligible to be excluded - or for any employee who opts out (rare.) It can work alone or in conjunction with Comp.
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∙ 15y ago
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I am a sub contractor do i have to pay worker's compensation?
Workers Comp varies from state to state but in general, if you are an employer you must pay for Workers Comp for your employees. Most large contractors require their subs to show evidence of Workers Comp coverage. This is because the insurance companies will charge the GC if they can't show evidence of all workers being covered under other policies. So in general, yes, sub contractors have to pay for Workers Comp.
What happens if a person can not pay taxes on workers comp benefits?
There are no taxes on workers comp
If you get workers comp can you borrow against it?
There are companies that will let you borrow against your workman's comp if you have already been awarded it. Global financial is an example of a company who makes loans like this.
If you get hurt leaving work is that workers comp?
if you are off work and leaving and get hurt is that workers comp
How do you spell workers' comp?
workers' compensation
He owes back taxes can he claim workers comp?
Tax debts have no bearing on your eligibility for workers comp.
What is the workers comp class code for finish carpentry?
This question was for Florida workers comp.
Do family members in California need workers comp insurance?
Workers comp insurance has nothing to do with family members. Workers comp insurance is an insurance policy that your employer will have on if in case you get hurt at work.
What type of insurance protects workers who are injured on the job?
This is usually called "Workers' Compensation Insurance", or "Workers' Comp" / "Workmans Comp" for short.
When do you get paid after you file a workers comp claim?
That will depend on the accounting practices of individual companies. You need to ask the company itself.
Can workers comp investagate your injury after?
Workers compensation companies pay workers medical expenses and partial salary when they are injured on a job. The company has the right to investigate to make sure the injury is real and job related.
Is a worker required to take FMLA when on worker's comp?
Yes, FMLA can be ran concurrently with Worker's Compensation. Many companies exercise their right to do so.
