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Many students I encounter assume that workers’ compensation is simply another variant of traditional insurance. The Public Policy Objective Most developed economies have systems of social protection that offer cash benefits in case of work-related injuries. A brief history of workers' compensation. Iowa Orthop J.
I’ve received a lot of questions recently on workers’ compensation healthcare spending in Canada, the US and other countries. These questions appear have arisen as several US states and political analysts have proposed consideration of “single payer” healthcare systems for their jurisdictions. See figure at top of this post.]
.); "total amount paid to employees over a period," hence, via records-keeping, "list of employees receiving pay." [ See [link] ] Today, the word “payroll” more often than not refers to the department or system that manage employer costs for a range of employee compensation components. More on that in a future post.
Work-related injury not only physical and mental pain, but any resulting disability also raises immediate questions Injured workers and family members often turn to their human resource (HR) and disability management (DM) professionals to provide guidance on workers’ compensation issues. California) to seven days (e.g.,
Regardless of the workers’ compensation model (private insurance, competitive state fund, exclusive state fund), every insurer has to prepare for the unexpected. As noted in my last post, the COVID-19 event most certainly is a rare event and just as assuredly will result in accepted workers’ compensation claims.
[For the first part of this discussion, see “Workers’ Compensation Insurance Arrangements: Does the model make a difference? Part 1” at [link] or [link] ] In my previous post, I described the range of public policy insurance arrangements governments use in the workers’ compensation insurance market.
Workers’ compensation “reforms” are typically focused on reducing employer costs. Enacted reforms often result in restrictions that limit rather than enhance benefits to workers. Sadly, even the minimum levels recommended by that report are often missing from current workers’ compensation statutes.
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