Workers’ compensation insurance might seem like a costly annoyance for some businesses. However, having this type of coverage isn’t just important for workers—it can protect businesses from the expensive process of litigation. This makes workers’ compensation an important type of insurance coverage to have and understand for both employees and for employers.
Workers’ compensation is a type of insurance that helps a worker recover lost wages and the cost of medical care after a work-related injury. Unlike a personal injury claim, workers’ compensation doesn’t require fault to be proven to be used. Instead, it only requires that a person was working at the time of their accident.
Pennsylvania’s Workers’ Compensation Requirements
The state of Pennsylvania requires nearly all businesses with more than one employee to have workers’ compensation insurance. If you’re self-employed with no employees, you don’t have to purchase workers’ compensation coverage.
There are four ways to get workers’ compensation insurance coverage in PA:
- Purchasing a policy from an insurance agent or broker
- Purchasing directly from a private sector insurance carrier
- Applying for self-insurance status
- Obtain insurance from the State Workers’ Insurance Fund (SWIF)
Pennsylvania’s workers’ compensation laws are not uncommon. In fact, Texas is the only state that doesn’t require employers to have workers’ compensation insurance. Yet, many employers still opt to purchase it as it can protect them and their employees after an accident.
What Is Self-Insured Workers’ Compensation Status?
If companies decide that the cost of workers’ compensation far exceeds the cost of injury claims they’re likely to pay each year, they can opt for self-insurance. Companies with a self-insurance workers’ compensation policy don’t buy a policy from SWIF or a private vendor. Instead, self-insured companies agree to provide the compensation provided by workers’ compensation if needed. This means that a self-insured employer must pay for medical care, lost wages, funeral costs, and anything else a private workers’ compensation plan would provide to an injured worker.
Call a Firm That’s Prepared to Help with All Pennsylvania Workers’ Compensation Issues
If you’re experiencing any type of problem with a workers’ compensation claim, Handler, Henning & Rosenberg LLC is ready to help. Our work injury lawyers have been serving the Harrisburg area since 1922! Over the decades, we’ve helped people with all types of injury claims recover millions of dollars. We’re ready to look at your claim and help you decide what to do next. In some instances, your workers’ compensation claim might even be benefited by being filed as a personal injury lawsuit.
Attorney J. Jeffrey Watson has extensive experience with Pennsylvania workers’ compensation law and he’s ready to help you today. In fact, he became certified as a specialist in the practice of workers' compensation law by the Pennsylvania Bar Association's Workers' Compensation Law Section as authorized by the Pennsylvania Supreme Court in 2018.
Whether you’re struggling to have your workers’ compensation claim honored or think you have injuries from an accident that require coverage beyond what an insurance policy would provide, call Handler, Henning & Rosenberg LLC today at (888) 498-3023. A consultation is free, and a member of our team is standing by to take your call right now.