Workmans Compensation provides wage replacement as well as medical benefits to an employee that has been injured while at work.

 

Who's required to have workmans comp?

An employer is required to have workmans comp if they employ three or more employees at one time or if they employ at least one employee that works at least thirteen weeks for thirty-five hours or more.

 

If you're injured, what should you do?

An employee must notify an employer of any work related incidents right away.

 

Important information of filing a claim:

  • Date of Accident
  • Employees last day of work
  • Policy number
  • Expected return date (if known)
  • Claim reported by: name, job, title, phone
  • Type of injury
  • Employees social security number, full name, address, phone number, date of birth, and date of hire
  • How did the accident happen?
  • Date injury was reported to the employer
  • Employees' supervisor's name and phone number

 

How to calculate workmans comp (2009 Rates):

Administrative Fee: $225

Part time employee (less than 18 hours per week): $165

Full time employee (18 hours or more per week): $542

 

Rating Example #1: One part-time employee

$165 + $225 = $390 Policy premium

 

Rating Example #2: One full-time employee

$542 + $225 = $767 Policy premium

 

Rating Example #3: Two part-time employees & one full-time employee

$330 ($165 x 2 P/T employees) + $542 (F/T employee) + $225 (Administrative Fee)       = $1,097 Policy premium 

 

Rating Example #4: Four full-time employees and two part-time employees

$2,168 ($542 x 4 F/T employees) + $330 ($165 x 2 P/T employees) + $225 (Administrative Fee) = $2,723 Policy premium