From gtwiki
Health Insurance Giving Benefits to Business
Every worker is entitled to receive right and privileges while they are using their talents and skills in order to help the company continually perform its operations. It is part of their rights as an individual. Having a Going Here policy in a business for your employees is of big help. Aside from the fact that you can help your employees and workers, you can also minimize costs and charges which is a great help in a business. Workers compensation insurance is an insurance policy mandated by law to be given by businesses or companies to their workers. It is in a form of medical benefits or it provides the workers a wage replacement by the time they are not capable enough to work because of an injury or health problem condition while they are at work.
Health insurance is important for workers and employees since there are certain accidents or incidents that might happen in the workplace. Since it is uncontrollable, having an insurance policy is important in business in order to avoid lawsuits from workers who became injured. In this situation, workers compensation insurance is a great help to provide the needs of the worker who cannot work because of an injury. In this way, the business can avoid in incurring fees and charges that might occur when they will not pay the medical costs incur by the worker while he is under medication. When an employee became injured while he is in the course of employment or while during he is doing his job, he has the right to sue his employer. Because of the health insurance policy, this scenario is avoided because of a bargain agreement between the employer and the worker as well. This also called as a trade off or a compensation bargain. Thus, insurance payments in an insurance policy can be made weekly or monthly. Learn More can be purchased by business by pools or insurance company offering such services. It is mandated by law so businesses are obliged to purchase such insurance policy for their employees. A good insurance policy is an activity that is affordable in a way of protesting the business and the workers as well.
Source: http://www.gtwiki.org/mwiki/index.php?title=User:soammacotq9
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