June 28th, 2013|
June 28, 2013
While normally the costs associated with workers compensation are a hot topic, there is heavy discussion in Ohio today on how having the benefits has paid off. The talk comes on the heels of more than 210,000 businesses receiving Ohio Workers’ Compensation Benefits rebate checks.
Most employers are required to purchase workers’ compensation insurance to cover expenses in the event an employee is injured while on the job. The businesses must then pay premiums and deductibles to the insurer for the policy.
According to WOWKTV 13 News, Gov. John Kasich stated the rebates are being issued because of sound investments that led to an excess of funding.
Business and other entities in the state should soon receive checks that can range from $5 to $3 million. The mayor of Toledo has already vowed to partially use the city’s rebate check to hire more firefighters.
While businesses are receiving returns on funds put into workers’ compensation programs, many employees who have been injured while on the job are struggling through the claim approval process. This holds these individuals back from being compensated for their losses in their time of need.
The Ohio Personal Injury Lawyers at the law firm of Nurenberg, Paris, Heller & McCarthy recognize how complex the workers’ compensation process can be. The firm urges anyone who has been hurt as the result of a workplace accident to discuss their legal options with an attorney immediately.