Workers’ Compensation - A Complete Guideline About the Process
If any worker gets injured in the workplace while working, then the victim suffers from emotional distress, mental, physical and financial losses. Workers' compensation fulfills the losses and covers their back financially. This compensation is considered a savior to many families during emergency times. If you or your loved ones get injured, then don’t waste your time and contact a workers' compensation lawyer as soon as possible.
Is This Compensation Required for the Employees?
The workers’ compensation system was passed in 1915 in the court. According to the law, every worker should carry the coverage with them. But there are a few exceptions in this matter in Oklahoma Including,
Stockholders who own at least 10% of capital.
Sole proprietors
Family business with less than five employees
Members of an LLC who own at least 10% of the capital.
Members of a partnership
The Process of the Claim
The employer must train their employees to report to the higher authorities about their work injuries quickly.
Then, the employees have to file the claim.
After that, the employer should instruct the injured worker to seek medical help.
Next, the person has to wait for the insurer to approve the claim.
At last, the employee prepares to return to work.
Which Type of Cover Do Workers Compensation Provide?
After being injured in the workplace, the employee needs to hire a workers comp attorney to get the compensation he or she deserves. Based on the severity of his or her injury, the compensation provides coverage for many reasons such as medical expenses, permanent temporary disability benefits, missed wages and death benefits.
Advantages of Workers’ Comp Coverage
Protect the Small Business
If any employee becomes injured in the workplace, then this coverage protects the small enterprises. This coverage pays for medical costs and lost wages. If any company does not have workers' compensation insurance, then they have to pay out of their pocket. The policy also provides death benefits that cover the financial cost of funerals if an employee dies on account of a fatal accident at work.
Care for the Employee
An illness or injury can be devastating for a worker if he or she has to be absent from the workplace. If the employee is unable to work for temporary or permanent, the compensation ensures that their staff are taken care of. It also pays them a portion of their missed paychecks and covers any medical expenses.
Understand Your Right
Workers' compensation is beneficial for both the business and the employees. If you have more questions regarding this and want to take help from a professional lawyer, then contact Chiaf Law Offices in OKC.
**This content is not legal advice and does not presume, establish or imply any relationship between client and attorney.