The worker’s compensation scheme is meant to benefit the workers in the long run. It is a form of insurance providing wage replacement and other medical benefits to the employees injured while doing their jobs. There are four main types of benefits that worker’s compensation brings: medical coverage, wage benefits, vocational rehabilitation, and death benefits if your family member died from their injuries at the workplace.
In this article, we will be going through the in-depth details of the benefits you would be receiving if you file for worker’s compensation. But before doing so, a piece of information that you should know about is, if you are facing any sort of trouble while claiming the compensation, immediately reach out to a workers compensation lawyer.
- Medical expenses coverage
This particular benefit covers the cost of every possible treatment done related to your workplace injury or disability. These claims aren’t generally limited to any specific amount. Hence, all deductibles and copays are covered by your worker’s compensation.
Medical coverage includes compensation for medications, hospitalizations, nursing care, medical equipment, and other treatments done related to your workplace injury. It even consists of any future or long-term care expenses you might need, such as physical therapy for proper recovery. Further, if your treatment requires you to travel abroad, worker’ compensation would be covering that too.
- Wage benefits
Filing for worker’ compensation can also help you receive benefits to cover a percentage of your wages. These are generally termed disability benefits and are granted only if your workplace injuries have left you unable to work either permanently or temporarily.
What amount would be awarded to you and for long you will be receiving the decided amount depends upon the severity of your injuries. It also depends on how your injuries have affected your ability to return to your job, as well as the worker’s compensation laws in your state.
- Vocational rehabilitation
Vocational rehabilitation is specially designed to help those people who have been injured or disabled but have returned to work. However, if you cannot return to your previous employment because of the injuries, you can include vocational rehabilitation benefits in your worker’s compensation claim.
However, if you face any such difficulties while procuring the claim, make sure you reach out to a workers’ compensation lawyer for help.
- Death benefits
Death benefits are provided to the family member of the deceased worker. If your family member died from injuries suffered in the workplace, then worker’s compensation would be providing death benefits to you. These benefits are only offered to the deceased person’s immediate family members or dependents, such as the employee’s spouse, children, etc.
These benefits are provided as a sum of money that includes the expenses related to the funeral and burial of the employee.
Apart from the above benefits, you can even enjoy certain other benefits if you file for worker’s compensation. And the most common one amongst them is tax avoidance, a legal way of minimizing your tax liability. Although one should not be using this means to reduce tax liability.
Moreover, if you face any obstacles purposely created to deprive you of this benefit, look for a workers compensation lawyer for help.
Shrey Jain is the Co-Founder of Writofy & a Chartered Accountant who works with a team of creative content writers. He holds a forte in creating informative content on niches like crypto, business, fintech, digital marketing, and several others. In addition, his willingness to learn and share his knowledge can immensely help readers get valuable insights on varied topics.