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Essay

Workers' Compensation

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Issue:

Business

 

Written by:

Alma S

 

Date added:

July 5, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 651

 

Was viewed:

7227 times

 

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Essay content:

Workers' compensation insurance premiums are based on the accident and illness record of the organization. Having a large number of paid claims results in higher premiums. Medical expenses are usually covered in full under workers' compensation laws. It is a no-fault system; all job-related injuries and illnesses are covered regardless of where the fault for the disability is placed...
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It is a no-fault system; all job-related injuries and illnesses are covered regardless of where the fault for the disability is placed. Workers' compensation coverage is compulsory in all but a few states. In these states, it is elective for the employer. When it is elective, any employers who reject the coverage also give up certain legal protections...
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