Learning About Workers’ Comp Coverage Vs. Disability Coverage

A lot of times, workers’ compensation coverage and disability coverage end up being used interchangeably in Oklahoma, even though the two are fundamentally different. The confusion arises from the few characteristic similarities between the two types of coverages. We appointed our workers’ compensation lawyers to clarify the differences. The blog post below should help you out.

Defining Workers’ Compensation Coverage

Workers’ comp attorneys define the policy as insurance for injuries sustained by workers while performing work-related duties. Depending on the nature of the job, workers’ comp may also be extended to fit illnesses resulting from occupational hazards. This compensation benefits pay for medical expenses (including physical and mental rehabilitation), lost wages due to missed work, and more.

Defining Disability Coverage

In worker’s comp insurances, the employer is responsible for paying the premiums. Whereas in disability coverage, it’s the employees themselves who pay the insurance premiums.

In most cases, disability benefits don’t cover workplace injuries, and the payout for lost wages is comparatively lesser. This insurance doesn’t cover medical expenses and only pays a percentage of the worker’s monthly income for a very limited amount of time.

The government of America also has a Social Security Disability Insurance (SSDI) program.

The Pros and Cons of Workers’ Compensation

PROS

Workers’ comp attorneys deem it essential for you to understand the process behind the claim. This makes sure that you know what benefits you have a rightful claim to. The employers are tasked with paying the costs of workers’ compensation. The coverage is also more comprehensive and includes medical bills, lost wages, the continuation of care and rehabilitation, funeral expenses, and a respectable allowance to surviving families/dependents, albeit for a specified period of time.

To ensure that your benefits and medical treatment are not delayed, report the accident and resultant injury to your employer immediately. Sometimes failing to inform of the injury on time can lead to complications in the claim further down the lane.

Originally published at https://www.okcinjurylaw.com on September 4, 2022.