Do you know that you may not be compensated for job related injuries or illnesses despite being covered by a worker’s compensation insurance at state level? In case that happens, do you have legal reprieve? Can you seek for compensation through the courts? For starters, workers compensation laws stipulate that you should get compensated for the financial loss and medical bills incurred due to a job related injury or illnesses. Your employer has a legal obligation to make contribution toward your compensation in the event of an injury of illness such as a car accident. The amount the employer contributes varies from one state to the other which in essence means that the amount of compensation will also vary depending where you reside. That said, here are some reason you may not get compensated despite your employer making contributions for your worker’s compensation cover.
Employers are Not Making as Much Contributions as they Should
Your employer may want to make you believe that they are dedicated to making contributions for your worker’s compensation policy. However, nothing could be far from the truth. Statistics have it that employer’s contribution for worker’s compensation is at an all time low. When you consider the increased medical costs, your employer’s contributions may be hardly enough to cover for the financial loses and hospital bills in case of an accident or injury
The Percentage of Employee Compensation is Low
Employees working for private companies get a median wage of $31.32 per hour. Out of this hourly pay, only 44% is allocated to workers compensation programs. In other words, the amount that goes to worker’s compensation is a mere 1.4% which is too little.
Injured Workers Bear the Costs Work Related Injuries
Following the amendment of worker’s compensation law, worker’s compensation now caters for 20% of medical costs. This is an insignificant amount and you will be forced to pay a bigger percentage for medical costs for injuries or illnesses that occurred at work.
You May Not Be Covered by Worker’s Compensation
Certain employees are not covered by worker’s compensation insurance including casual, self-employed or workers working on a contract basis. Also, companies with less than 5 employees are not required by the law to pay for worker’s compensation. This means that if you work in such companies, you’re not entitled to worker’s compensation. A recent survey shows that contract and self employed workers account for 30% of workers with the figure expected to rise in the next 5 years. This, in essence, means that majority of the workers in the United States will not be covered by worker’s compensation insurance in the coming years. Be sure to get in touch with a worker’s compensation lawyer if you are a victim of work related injuries or illnesses. After all, you deserve to know your legal rights.