Workers Compensation

California Workers' Compensation & What Employers Need to Know to Control Your Costs

Worker's Compensation

Worker's Compensation Coverage Workers compensation is a social insurance program designed to resolve disputes between injured employees and their bosses.

Basic Facts About Worker's Compensation
Most businesses should have a worker's compensation plan. If you employ four or more people, your company is legally required to get coverage. This ensures that employees are compensated for medical bills, lost wages and other expenses if one of your employees gets hurt on the job. Workers compensation insurance covers both acute and chronic occupational injuries and diseases.

  • Acute Injury: A construction worker falls through a metal grate and wrenches his knee, necessitating emergency surgery and long-term orthopedics.
  • Occupational Injury: A secretary suffers repetitive stress injury to his thumbs after typing eight hours a day for 12 years; he has to undergo surgery, therapy, and rehabilitation.

Avoid Unnecessary Costs
Having worker's compensation coverage is not optional. Let TelePay help you optimize your operation and eliminate onsite work injury and legal risks.

TelePay Insurance Agency offers general liability coverage and expert advice. Let us help you discover what coverage is right for your company.

"Pay-As-You-Go" Worker's Compensation Insurance

Known as "Pay-As-You-Go" workers comp is an alternative way for employers to make their premium payments; it doesn’t replace your workers comp insurance or your responsibility to pay premiums, collect/issue certificates of insurance from subcontractors, etc.

A "Pay-As-You-Go" premium payment system allows policyholders to make smaller, more frequent premium payments through each payroll period. This approach calculates the workers’ compensation premium from a company's payroll figures and assigned classifications every time payroll is processed.

State-mandated assessments, taxes and surcharges are collected in accordance with state law. Payroll information is submitted to the insurance carrier by a policyholder or by their approved payroll service provider.

Your coverage must still be provided through a state-approved workers comp insurance carrier or approved self-insured source.

TelePay Insurance Agency offers general liability coverage and expert advice. Let us help you discover what coverage is right for your company.

More Videos:

Recording Record Keeping and Reporting for OSHA and Work Comp

Worker's Comp How to Control Costs - Presented by Don Dressler Consulting

Workers Comp After Termination - Presented by Don Dressler Consulting

Helpful Links:

TelePayroll