The Details on Workers’ Compensation
People if are injured or fall ill at workplace are covered by workers' compensation insurance, which offers medical and salary benefits. Each state mandates coverage, but the wage and medical advantages differ by state. Workers' comp is classified as social insurance since it is based on a social contract between management and labor in which, in exchange for obtaining workers' compensation insurance, the business owners become protected from public litigation brought by injured workers. However, each party's benefits are limited. Businesses purchase workers' comp, which is underwritten by insurance firms and, in some jurisdictions, publicly sponsored state funds.
If you get injury at work, you are entitled to the following basic benefits under Oklahoma's Workers' Compensation Law:
Medical Assistance: Your employer is responsible for paying for any treatment that is deemed reasonable and necessary. Your physician will be picked by your company, but you can change doctors at any point by requesting a new doctor from the judge.
Your company will also cover any medication costs as well as travel costs to and from medical appointments if the distance is greater than 20 miles.
Temporary Total Disability (TTD): You are entitled to weekly TTD payments if your treating physician says you are not capable to do your job and you are under active medical care. This rate is calculated based on the date of your accident and is equal to 70% of your usual weekly wage.
If surgery is recommended, you may be eligible for TTD for up to 156 weeks.
Permanent Total Disability (PTD): If your treating physician considers you permanently disabled you can get 70% of your average weekly pay until you turn 65 years old or for a minimum of 15 years.
Partial Permanent Disability (PPD): Your PPD compensation depends on percentage evaluation reports provided by the doctors and the insurer’s doctor if the treating physician considers you to be less than permanently and totally handicapped. PPD benefits are now capped at $350 per week.
Vocational Retraining: If you are unable to return to work, the Judge may regulate the employer to retrain you for an employment that will accommodate your permanent work restrictions.
Death: If a worker dies on the job, his or her spouse and/or children may be entitled to a lump sum payment of up to $150,000.00 as well as weekly payments to replace the family's lost income.
See us at Foshee and Yaffee Attorneys at Law for more knowledge on it. We offer more legal assistance. See our website for details
**Disclaimer: This content is not to be construed as legal advice nor does it establish terms of a client-attorney relationship.