April 3, 2020

Workers Comp Premiums Could SoarWith COVID-19 Claims

Workers Comp Premiums Could SoarWith COVID-19 Claims


Health-care workers and emergency responders will benefit
from rules eased in some states around workers’ compensation that will allow
them to collect benefits if they can prove they caught Covid-19 on the job, Bloomberg
reports
.

But employers need to be aware of the changing rules and be
prepared for the likely end result—skyrocketing premiums.

State workers’ compensation boards around the country are
amending rules for benefits payouts to include health-care workers exposed to
the virus and then quarantined. Attorneys are keeping a close eye on the
questions, such as who should be eligible to receive benefits, how does a
worker prove they caught Covid-19 on the job, and how will an influx of
successful claims affect businesses’ premiums to insurance carriers.

Some say essential workers like grocery store employees and
delivery workers also should qualify.

Related:

Advisen:
COVID-19 prompts a host of questions for workers compensation cover



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