from Bilz Insurance
The first constitutional workers’ compensation law was signed on May 3, 1911 and took full effect on September 1, 1911. It was recognition of society’s responsibility to the workplace, establishing workers compensation as the first form of social insurance in American history. Today, workers’ compensation stands as a pillar within our economic system that benefits all Americans.
This year marks the 100th Anniversary of Workers Compensation Benefits in the United States. Workers compensation normally provides two types of benefits: medical and indemnity (loss of wages). Medical benefits are dictated by state statute and include medical care and physical rehabilitation. Loss of wages is normally 2/3 of the injured employee’s average wage.
Workers compensation benefits and requirements vary from state to state. Bilz Insurance can help your business find complete solutions to your unique workers compensation insurance needs. Solutions that create safer and more productive workplaces, more confident and secure workers and overall savings you'll see on the bottom line.
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