As of 2019, the US Bureau of Labor Statistics has reported a total of 166 fatal injuries that are work-related. This number saw an increase from the previous year. Meanwhile, the private sector in Ohio has totaled 91,000 non-fatal workplace injuries or an incidence rate of 2.4 cases per 100 full-time employees. While less than the national average, it is still an alarming number.
For business owners who want to avoid the financial burden of providing medical care and assistance to employees, workers compensation insurance is what you need. It is a must for employees and employers alike and is also known to improve productivity while giving you peace of mind.
If you are a sole proprietor or you are a partner to a given business, obtaining workers compensation insurance is a must. However, if you are the business owner then it is optional to get self-insured.
It is important that you honestly classify individuals as independent contractors or employees. Otherwise, you could be at risk of being penalized for misrepresentation of your business and its employees.
Workers compensation insurance is designed to give protection to your employees from risks that they are exposed to at work. In order for a claim to be filed and paid out to the employee, there are certain conditions that must be met.
First and foremost, there should be proof that the injury was sustained while in the workplace performing their duties at work. There is often a no-fault policy on this type of insurance; this means that employees can get the benefit regardless if the injury was accidental or the employee’s fault. As long as there is evidence that the employee sustained the injury while performing their job, then they qualify for the benefit.
30 W Spring St, Columbus, OH 43215
161 S High St #300, Akron, OH 44308
No phone number found
200, 2593, 339 E Maple St, North Canton, OH 44720
2025 E 4th St, Lima, OH 45804
13430 Yarmouth Dr, Pickerington, OH 43147