- Workers' Compensation Insurance is designed to protect your employees should an injury occur during
the course of employment. All states require all employers to carry Workers' Compensation coverage, but
each state have their own individual laws that must be met to satisfy the requirements.
- Employers who have one or more employees are subject to the provisions of their states Disability
Benefits Law. Coverage usually consists of medical care, temporary disability benefits, permanent
disability benefits, vocational rehabilitation services, and death benefits.
- Workers' Compensation premium calculation is based upon how employees are classified according to
their specific work duties and the rate assigned to each corresponding employee classification. Most
states use the National Council on Compensation Insurance (NCCI) for this work, but a few states have
their own rating bureau. California uses the Workers Compensation Information Rating Bureau
(WCIRB), which is an independent company separate from the NCCI.
- NCCI is a private corporation, created and funded by member insurance companies. It is approved by the
states, but it is not connected with government in any way.
California, Delaware, Indiana, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Carolina,
Pennsylvania, Texas, and Wisconsin on the other hand, have their own government-run rating bureaus that
are separate from NCCI.
- Rating - Workers' compensation insurers assign a specific rate to each occupational classification code,
contact your Broker for more information.
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