If you’re an employee in Wisconsin, you’re likely aware of the state’s laws regarding workers compensation. Workers compensation is a system that provides financial benefits to employees who suffer work-related injuries or illnesses.
In Wisconsin, employers must purchase insurance to cover their employees in the event of a work-related injury or illness.
In this blog post, we’ll take a closer look at WI workers comp laws and discuss how they may affect you as an employee.
What Is Workers Compensation?
Workers compensation is a system that pays for medical expenses and lost wages resulting from job-related injuries or illnesses. It helps injured workers get back on their feet without suffering long-term financial consequences.
Who Is Covered Under WI Workers Comp?
All employers in Wisconsin with three or more employees must carry workers compensation insurance for their staff, regardless of whether those staff members are permanent or temporary. Employees who sustain job-related injuries or illnesses can file a claim to receive benefits through the workers compensation system.
What Benefits Are Available?
The type and amount of benefits provided through WI workers comp system depend on the nature and extent of the employee’s injury or illness. Generally speaking, benefits include:
- Reimbursement for medical expenses such as doctor visits, medications, prosthetic devices, hospital bills, therapy, surgery, and other treatments related to the injury or illness.
- Individuals unable to return to work due to their injury or illness may be eligible for disability payments.
- In cases where an employee dies due to a work-related accident or illness, survivors may be eligible to receive death benefits depending on the individual situation.
- Sometimes vocational training is catered for if necessary to enable an employee to transition to another form of employment may also be covered by worker’s compensation.
Most claims have time limits set by law, so individuals must file claims immediately after sustaining an injury or illness.
How Does the Claims Process Work?
To receive benefits, you must first report your injury or illness to your employer within 14 days. Your employer will then submit your information to their insurer, determining your coverage eligibility. You will then need to complete all the necessary forms and submit them along with documentation verifying your injury or illness. Once approved, you will typically start receiving benefits within 14 days.
How Much is Workman Insurance in Wisconsin?
The cost of workers compensation insurance in Wisconsin varies from company to company based on factors such as the size of the business, the number of employees and the types of jobs performed. In general, employers pay $1.49 per $100 in covered payroll. Employers should contact their insurance provider to determine what they’ll pay in premiums.
Wisconsin’s workers compensation laws provide protection and financial assistance to employees who suffer work-related injuries or illnesses. By requiring employers to carry insurance, these laws help ensure employees don’t suffer financially when an unexpected injury or illness occurs.
Ultimately, these laws provide much-needed security and peace of mind for employers and employees. Understanding these laws’ ins and outs can help you ensure you’re receiving the full benefits of workers compensation if you ever need to use it.