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How prepared are workers’ compensation systems for COVID-19?

Workers' Compensation Perspectives

Regardless of the workers’ compensation model (private insurance, competitive state fund, exclusive state fund), every insurer has to prepare for the unexpected. Afterall, insurance is the transfers the financial risk of rare but costly events from the insured to the insurer. Source: 1918 Annual report ibid.,

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Top Ten Priorities for Workers’ Compensation Benefit Reforms

Workers' Compensation Perspectives

[See [link] ] Progress towards improving compensation for workers was noted; so were the many gaps and shortfalls in the present landscape of state workers’ compensation laws. US workers’ compensation benefits generally lag those provided under the Canadian provincial and Australian state workers’ compensation systems.