09 Jan What difference Self-Insured Employers make to your Workers’ Compensation Case?
Most employers have workers’ compensation coverage through a third-party insurance company. If an employee gets hurt on the job, the insurance carrier pays for the employee’s medical bills and lost wages. However, some employers are self-insured.
Self-insurance allows savings to employers who can pay worker’s compensation benefits and it also enables them to control their claims process better. So, the employer can choose which claims to deny or approve and which treatments to deny or approve. This helps the employers reduce their costs low, if what they pay as work comp benefits annually is less than what they would be paying in insurance company premiums if they were insured by a third party.
What does it mean for me if my employer is self-insured?
This means that your employer, and not an insurance company, will pay for your medical bills and lost wages if you are hurt on the job. It also means that your employer will decide whether to accept or reject your workers’ comp claim. Your employer may hire a third-party administrator, which means that you will be dealing with an insurance adjuster, but the decisions and payments will be done by your employer.
If you are not sure about how to go about your workers’ compensation claim or are not getting what you think you deserve, talk to a workers’ compensation attorney.
To consult the best Phoenix workers compensation attorney in Arizona, call Arizona Injury Law Group at 602-346-9009. Arizona Injury Law Group PLLC offers workers’ compensation legal services, helps injured workers seek benefits and justice and a voice standing up for you!