Getting hurt at the job can be painful in more ways than one. Not only is a person physically injured, but he or she can lose income due to the injury. What’s more, there can be medical bills to deal with. Fortunately, most employees today are covered by a program known as Worker’s Compensation.

There once was a time when a worker who was injured on the job had little recourse. Not just was he physically injured, he lost income and had medical bills to pay. Sometimes the injury left a worker disabled and unable to provide for his family. The worker had few options in addition to to sue the employer for compensation. Oftentimes, the workers lost. This is what led to the establishment of Worker’s Compensation.

Worker’s Compensation plans were initiated in an effort to protect both employers and employees. They are beneficial to employers because the plans protect them from lawsuit. This enables them to accurately budget expenses for claims. Employees benefit because they can continue to receive cash payments while injured, along with some or all of related medical costs. While Worker’s Compensation statutes differ between states, the basic remain the same.