Insurance companies typically calculate workers’ compensation premiums based on the size of a company’s payroll and the type of work the company performs. Most companies’ premiums are also adjusted by applying an experience modification, which is expressed as a percentage. This modification adjusts the premium up or down depending on the company’s workers’ compensation claims…
Workers’ compensation insurance is required of all California employers—even those who only employ one person, part-time. The policy serves as a social safety net to provide compensation for employees who become injured on the job and also limits the liability of employers if an employee sues over workplace-related injuries. Workers’ compensation insurance premiums are collected…
A self insured employer is one who self insures their workers’ compensation liabilities. If you are one such employer, you are not alone: California has the largest workers’ compensation self insurance program in the nation. As of January 1, 2014, nearly 10,000 California employers were actively self insured. Employers may choose to self insure their…
If your California employee was injured, or claims to have been injured on the job, they may want to visit with their own doctor or medical professional. While they are welcome to do so, they generally must also visit with an in-network doctor. Indeed, many workers comp insurance carriers include a Medical Provider Network (MPN)…
Workers comp can be a source of challenge and frustration for many California employers, especially as it relates to premiums and claims. Two sources of information that employers can refer to in order to gain a better understanding of the current state of the market for workers’ compensation insurance are the Division of Workers’ Compensation…
California law requires all employers to carry workers’ compensation insurance, which provides benefits to an employee who sustains a work-related injury and/or illness and covers payments for medical expenses and replacement income during the time when the employee is off work. As long as the business has at least one (1) employee, even a temporary…