Workers' Compensation Insurance

Workers' Compensation Insurance

Keep your business and your employees well-protected. All New York employers must provide workers’ compensation benefits to their employees.  

Workers’ compensation insurance, often referred to as workers’ comp, covers medical expenses and a portion of lost wages for employees who become injured or ill on the job. It also provides coverage for death benefits or rehabilitation costs after an injury.

How does it work and what does New York workers’ compensation insurance cover?

An employee can only receive workers’ comp benefits if their injury or illness relates to their job duties or employment. Workers’ compensation insurance would cover injuries caused by heavy lifting, falling, or sustaining other work-related injuries.  However, if an employee sustains an injury while not on the job, then the insurance does not apply.

Some major items that workers’ compensation insurance covers include:

  • Medical Expenses: Covers emergency and healthcare related expenses, including prescription medications.
  • Rehabilitation Expenses: Covers costs of physical therapy and rehabilitation.
  • Retraining Benefits: Covers the cost for employees to attend retraining programs in the event that the employee must return to a new position.
  • Disability Payments: Covers both short-term and permanent disability benefits.
  • Beneficiary Expenses: Pays funeral and burial expenses of an employee who dies as the result of work-related illness or injury.
  • Employer Liability: Protects employers from fraudulent claims and pays for the defense of civil suits stemming from workers’ compensation claims.

What New York Workers’ Compensation Insurance Doesn’t Cover

New York workers’ compensation will typically cover most work-related illnesses or injuries.  If an employee sustains an injury while not on the job, or if the employee was engaged in an illegal activity, then the insurance does not apply.

Who needs workers’ compensation insurance?

Workers’ compensation insurance is required by law in the state of New York.  It protects not only your employees, but your small business too. This coverage pays for injured employee’s medical care, as well as physical rehabilitation. It helps to replace the lost wages when an employee is unable to work. Above all, it helps you from getting sued by injured workers in majority of cases. Anatriello Agency helps your business establish a comprehensive workers’ comp plan that protects you and your employees.   Contact us or give us a call for more information at (518) 756-2877.

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