What is Workers Compensation Insurance?

WC insurance protects employers and injured workers from financial costs when a worker sustains a work-related injury or disease.

The workplace is the spot where most injuries take place. Each State and Territory has a compulsory insurance scheme. It may be called Workers Compensation, Workhealth, Workcare or some other name. Sometimes, the workers’ compensation insurance and the traffic accident insurance have been amalgamated and are run by one authority with almost identical benefits being provided. Workers Compensation is payable for any injury caused by the work environment. The injury can be an injured back caused in an accident. Or it can be an occupational disease like asthma or asbestosis caused by dust or asbestos. It can be RSI, repetitive strain injury. It can be a skin disease caused by chemicals. It can be cancer caused by passive smoking.

Medical billing concept – Worker compensation review
Medical billing concept – worker compensation reveiw part 2