Workers’ Compensation in El Paso, TX
Workers’ compensation can be a crucial part of workplace safety and morale. Understanding the basics of workers’ comp insurance can benefit both employers and their workers.
What Does Workers’ Compensation Cover?
Workers’ compensation can offer a variety of benefits to employees, including the following medical expenses if an employee suffers an illness or injury on the job:
- Emergency treatment and hospitalization
- Physical therapy
- Doctor visits
- Rehabilitation and vocational training
- Medications
Additionally, workers’ compensation insurance may help the employee receive a portion of their average earnings during their recovery. In extreme cases, death benefits may be granted to the worker’s dependents if they pass away due to a job-related incident.
Is Workers’ Compensation Required?
Texas doesn’t require private employers in the state to carry workers’ compensation, but it is still highly recommended. Employers opting out of offering workers’ comp must notify the Texas Department of Insurance and their employees, and they must still comply with state laws and regulations. Additionally, employers working with the government may be required to carry workers’ comp.
How Much Does Workers’ Compensation Insurance Cost?
Workers’ compensation insurance premiums can vary significantly based on the industry, size of the business, and the company’s claims history. Higher-risk industries like construction typically face higher premiums.
Contact Us
The team at Omega Insurance Agency in El Paso, TX can help you find workers’ comp coverage that suits your business needs. Contact us today for more information.