Which of the following statements regarding workers' compensation insurance is true?
A) The federal government is responsible for setting workers' compensation legislation and regulating the program.
B) Workers' compensation insurance includes only rehabilitation expenses.
C) Employees are required to bear half of the entire cost of workers' compensation insurance.
D) Workers' compensation insurance compensates workers who are injured on the job or become ill through work-related causes.
E) Employers who file the most claims pay the lowest premiums on the insurance coverage.

Question

Quizplus · Accepted Answer

Workers' compensation insurance compensates workers who are injured on the job or become ill through work-related causes. The federal government provides guidelines and oversight for workers' compensation programs, but each state sets its own laws and regulations. The cost of workers' compensation insurance is typically covered entirely by the employer, and premiums are based on the industry classification and the employer's claims history, not the number of claims filed.

Which of the Following Statements Regarding Workers' Compensation Insurance Is