About Ponzi Schemes

WrittenBy:Alfred Ardis
What is Workers Compensation?

Workers compensation is a state-mandated insurance program that provides compensation to employees whosuffer job-related injuries and/or illnesses. While the federal government administers aworkers comp program for federal and certain other typesof employees, each state has its own laws and programs for workers compensation.  Ingeneral, an employee with a work-related illness or injury can get workers compensation benefits regardless of who was at fault#NAME?mployer, a coworker, a customer, or some otherthird party. In exchange for these guaranteed benefits, employees usually do not have theright to sue the employer in court for damages for those injuries.

Kinds of injuries or illnesses covered by Workers Compensation

Injuries or illnesses are typically covered only when they arise out of and in thecourse of employment. Thereneeds to be a connection between the accidentthat caused the injury/illness and the scope of your employment duties. Examples of compensable injuries are those caused by lifting heavy equipment, slipping on a wetor oily surface, defective machinery, or fires orexplosions. Many state workers compensation programs preclude coverage for injuries,which occur while youare not acting within the scope of your employment - such as while you are playing football with friends on your day off. But closer examination of the situation should be made - if you were injured while playing football at a company sponsored picnic, there may be coverage.

Illnesses which arise out of and in the course of employment can be covered under the workers compensation system where the working conditions present unusual orextraordinary risks of contracting an illness - such as coal miners being able to recover for black lung disease or computerworkers for carpal tunnel syndrome. Careful inquiry into the hazards arising out of the scope of youremployment can determine whether the illness is onethat is common to everyday life as opposed to risks of illness thatare present in your particular employment situation.