Request a fast Philadelphia Workers Compensation Insurance quote
Philadelphia Workers Compensation Insurance
Philadelphia Workers Comp Information About Philadelphia workers compensation insurance:
Workers’ Compensation is mandatory, employer-financed, no-fault insurance which ensures that employees disabled due to a work-related injury or disease will be compensated for lost wages and provides necessary medical treatment to return them to the workforce. Philadelphia and Pittsburgh have some the largest employee populations. PA Workers Comp Coverage Requirements:
Failure to Carry Work Comp Insurance What happens if I don't buy workers compensation insurance?
An uninsured employer faces civil and criminal risks for not maintaining continuous Philadelphia workers compensation insurance coverage. Not only can the employee sue in civil court for work-related injuries or diseases, but the employer may be criminally charged for each day’s failure to maintain continuous Philadelphia workers compensation insurance coverage.
Frequently Asked Questions About Philadelphia Workers Compensation Insurance
Does my Philly business need workers comp?
Generally, Philadelphia workers compensation insurance coverage is mandatory for all employers who have one or more employees, whether they’re part-time or full-time, including family members.
How much does Philly workers compensation cost?
Employers are assigned a classification for what type of work they do. The basic premium is based on its class code, the carrier’s rate for the classification and the employer’s annual payroll.
Who pays for workers compensation?
By Pennsylvania law, your business is 100% responsible for providing workers’ comp benefits. You can’t charge workers for benefits provided or for any portion of the Philadelphia workers compensation insurance premium.
What does Philadelphia workers compensation cover?
Coverage ensures medical and wage-loss benefits to employees who are injured during the course of their job. Employers who so provide coverage are protected against lawsuits filed by injured workers.
Is it true there could be jail time for non-compliance?
Misdemeanor convictions can result in up to one year in imprisonment, and felony convictions up to seven years imprisonment for each day the employer is in violation of the requirement to maintain workers’ compensation coverage.
Who determines if my business is not compliant?
The Bureau of Workers’ Compensation investigates employer compliance with workers’ compensation laws and may initiate the filing of charges against employers if workers’ compensation coverage is not continuously maintained.