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Workers' Compensation Coverage

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Premium

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The amount of money that an employer must pay to their workers' compensation insurance policy, usually calculated based on payroll and risk classification.

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Claims Adjuster

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A professional employed by an insurance company to investigate, analyze, and determine the extent of the insurance company's liability concerning personal injury claims.

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Indemnity Benefits

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Payments made to an employee to compensate for losses caused by a work-related injury or illness. This may include compensation for lost wages, disability, or death benefits.

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Experience Modification

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A factor used to adjust workers' compensation insurance premiums, based on the loss history of the employer compared to the average in the industry.

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Medical Benefits

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Coverage for the cost of medical care that is required as a result of a work-related injury or disease, without limitation as to the amount or duration of the medical care.

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Return-to-Work Program

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A program designed to help workers who have been injured on the job return to work, either in a modified or full capacity, as soon as medically possible.

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First Report of Injury

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A report that must be filed by employers to begin the workers' compensation claim process. This report documents the employee's work-related injury or illness.

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Vocational Rehabilitation

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A process intended to help injured workers who are unable to return to their previous employment obtain skills for a new job.

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Permanent Partial Disability (PPD)

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A benefit paid to an employee who has sustained an injury resulting in a permanent impairment but can still work in some capacity.

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Waiting Period

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The time period an injured worker must wait after an injury before they begin receiving wage replacement benefits. This period is usually a few days long.

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