As an employer, you want to take care of your workers in the best way possible. When accidents happen, it’s crucial to understand the different types of workers' compensation (WC) to ensure you’re not caught off guard. At Account Services Group PA, we provide quotes for WC to help you secure the right coverage. Here’s a quick rundown of the three primary types:

1. Wage Replacement: This type of coverage provides payment to workers who are unable to work due to an injury or illness resulting from a work-related task. The benefits continue until the employee improves and returns to work, at which point the payments stop.

2. Authorized Medical: This coverage pays for the worker’s medical costs following an incident. Most policies also cover the worker’s lost time at work, ensuring they can recover without financial strain.

3. Workers' Comp Settlement: If an injured worker is dissatisfied with the coverage provided by their employer’s carrier, they can consult with a lawyer to seek fair compensation. If an agreement cannot be reached, the courts will determine the settlement.

Having this information readily available can be invaluable if you ever need it. Should that time come, know that we’ll be here to help and provide guidance.

Contact Account Services Group PA today to get a quote and ensure your business is well-protected with the right workers' compensation coverage.