The Workers’ Compensation system is a state-regulated insurance program that provides covered employees with income and medical benefits if they sustain a work-related injury or illness. Many states require all businesses to carry workers’ compensation, while some states, such as Texas, do not require employers to carry the coverage.

Many workers’ compensation carriers now have “In Network” plans that allow you to save 10-12% on annual premiums by choosing to use a pre-selected group of hospitals and doctors. Carriers offer these discounts for In Network policyholders because it saves the insurance company money when employees are seen by pre-approved doctors that treat employees in a timely manner and reduce the time that employees are able to return to work. They also see less abuse of the workers’ compensation system by doctors and patients, which reduces claim expenses.