Insurance that protects employers and their employees if a workplace accident of illness occurs. Coverage provides benefits such as medical care and compensation for lost income, to employees who suffer accidental injury or an occupational disease on the job.
1. Medical Coverage – Pays for an injured employees medical bills, including doctors visits and hospital care to prescription medication, physical therapy and surgery.
2. Disability Benefits – Partial replacement of income due to lost time on the job
3. Vocational Rehabilitation – Enables employees to learn new skills if they cannot perform their previous job duties
It protects business owners from the financial consequences related to injuries and catastrophic loss-regardless of who is at fault. The State of Michigan requires employers to cover employees.
Expect stiff penalties of up to $1,000 a day from the State of Michigan. You can also suffer civil lawsuits and may even lose your business.
Accidental on the job injuries– Examples: an employee falls off a ladder, slips on a wet floor… suffers a cut, burn or other injury while operating machinery.
Occupational Disease or Illness- Examples: a computer programmer suffer carpal tunnel syndrome, an employee contracts legionaries disease, or a worker develops an illness caused by stress in the workplace.