Mike Saltzstein Speaks on Four Things That Employees and Employers Need to Know About Workers’ Compensation 

Although most employers have an adequate understanding of workers’ compensation, many employees are not fully aware of how it can benefit them, what are the limitations, whether it covers disability and death benefits, etc. Similarly, there are many areas that employers are not well-versed. Considering the issues, Mike Saltzstein a visionary and expert in the areas of strategic planning, workers’ compensation claims, and multiline claims, offers a thorough insight into the role of workers’ compensation system both for employees and employers. The professional has discussed things through four pointers as stated below. 

• Workers Who Get Injured Or Suffer From Ailment Associated To The Job, May Be Allowed Workers’ Comp

Regardless of its slip or fall, strains from lifting, machine-related accident, a twisted ankle, or injury while traveling for business work, the insurance company will be liable to provide medical treatment, part of lost wages, and other benefits to the victim. It is the responsibility of the employer to report the incident timely to the insurance carrier, violation of which will attract a penalty. The insurance company also undergoes prompt investigation to verify the matter and pay claims. 

Noteworthy, certain incidences are not covered by workers’ compensation such as deliberated self-inflicted harm, injuries caused due to fighting with co-workers, willingly partaking in any off-duty job, accidents due to consumption of alcohol, drug abuse, etc.

• Workers Are Allowed To Get Compensated Towards Lost Wages, Medical Bills, And Occupational Therapy 

As per the law, workers should receive all treatment to get recovery from the injury, medical expenses as well as a part of their lost wages while they remain incapable to attend their job. The injured/sick employees are offered monetary benefits towards temporary wage loss for the recovery period, and temporary partial or total disability (TPD/TDD) to let them sustain their daily life while getting cured of an injury. 

According to Mike Saltzstein whether the worker is eligible to receive TPD or TDD is evaluated and needs to be acknowledged by a doctor. The injured workers also get coverage for occupational therapy or retraining, if required. Employee death caused by a workplace injury or ailment linked with their job is eligible for death benefits to ensure the financial security of their families.  

• Employees Who Receive Workers’ Compensation Can No More Sue Their Employer Toward Job-Related Injury or ailment 

A worker who receives medical benefits, and wage replacement cannot take any legal action against their employer anymore. However, the worker can sue the employer if the accident is made intentionally by the employer to hurt the employee or due to the employer’s negligence. 

• The Leading Causes Of Workers’ Comp Claims Include Slips, Falls, Overexertion, being Hit By Any Object, and Machine-Related Injuries 

Knowing the primary causes of workplace injuries can be helpful for employers to take necessary safety measures and train their workers accordingly to minimize the chances of job-related injury. Although, workers’ insurance takes care of the treatment of injured workers and pays their lost wages, however, injury of employees affects the smooth functioning of the company as well as its productivity. 

Hiring risk managers, responsible for assessing workplace settings and ensuring the safety of employees is a great choice, says Mike Saltzstein to avoid all these hazards.