Would you recommend an employer putting himself on workers compensation instead of buying a disibility policy?
This was selected as Best Answer A lot is going to depend on the state where the company does business. I am familiar with Illinois, but this very well may be different elsewhere. At times I have been asked to give opinions and sometimes defend WC cases where it is the owner who was injured. I gave a higher level of scrutiny to such cases because of the potential for fraud or at least factual manipulation. WC has 100% payment of medical bills. Profits and profit based bonuses are not part of the wage calculation, thus resulting in an insured who is a claimant who gets a much lower weekly check as compared to his pre accident earnings There are physical conditions which would be covered by a disability policy which may not be paid under a WC policy. Usually a disability policy does not pay for medical care. WC pays for medical lost time and permanent disability. In Illinois, if the employer has a WC policy for other employees, there will be parts of the policy application which he has t
