Workers' Compensation Perspectives

FEBRUARY 16, 2024

Legislation Determines the Mandate, Rules, and Arrangements Legislation in the United States, Canada, and Australia defines the mandate of workers’ compensation at both the state/provincial and federal levels. This includes coverage extent, benefit definitions, dispute resolution rules, and more. Self Insured : 24.7% Self Insured : 24.7%

Workers’ Compensation 52

Workers’ Compensation Insurance Deductible Deductions 52

Workers' Compensation Perspectives

SEPTEMBER 30, 2019

The cost of these coverages may be shared with the employees (with worker contributions deducted from the wages or salary) but are otherwise a form of earnings, providing value that a worker might otherwise have to purchase. What’s Reportable as Payroll for Workers’ Compensation? This is generally not the case.

Workers’ Compensation 52

Workers’ Compensation Payroll IT Overtime 52

Workers' Compensation Perspectives

MARCH 4, 2021

In the accompanying slides and in some responses, I provide additional references as a starting point for understanding and comparing initial workers’ compensation. All workers’ compensation systems pay the same rate for lost wages…right? A more obvious issues relates to the definition of any “initial period” of TTD.

Workers’ Compensation 52

Workers’ Compensation Disability Insurance Insurance Deductible 52

Workers' Compensation Perspectives

AUGUST 22, 2019

The full claim cost under these types of insurance agreement develop quickly and definitively. Not necessarily so for workers’ compensation insurance. The true, full cost of the claim will develop over time and known definitively once the claim is concluded or "finalled". The insurer makes the payment and the claim is closed.

Workers’ Compensation 52

Workers’ Compensation Insurance Payroll Medical 52

Workers' Compensation Perspectives

MARCH 12, 2019

Private funding includes out-of-pocket healthcare spending by individuals on medical supplies and services, co-pays or deductibles. Using data from a number of sources, workers’ compensation spending on healthcare accounts for approximately 1% to 2% of total national healthcare spending in the US, Canada and Australia.

Workers’ Compensation 52

Workers’ Compensation Healthcare Compensation System Medical 52