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Forum
Started Jan 05 2013, 19:11
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Jan 05 2013, 19:11
Workers’ compensation is compensation payable to a worker who suffers an injury or disease arising from, or during, his or her employment. Workers’ compensation benefits encompass the payment of: incapacity payments to compensate for lost earnings; medical and related expenses; and lump sum payments for permanent impairment or death. Each state and territory has its own workers’ compensation scheme and the Commonwealth has three schemes.
The purposes of workers’ compensation are to:
• provide injured workers with financial support;
• provide injured workers with medical benefits and other forms of non-economic support;
• enable employers and workers to work cooperatively to maintain an injured worker at work, or to achieve an early, safe and appropriate return to work.
At a Commonwealth level, the workers’ compensation system is a ‘long tail’ rather than a ‘short tail’ system; that is, it pays benefits for the duration of a worker’s incapacity rather than imposing a benefit period or amount restriction.
ID#43405
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