Workers Compensation Exam 1 Study Guide questions || || || || || || ||
with verified detailed answers || || ||
According to the text, workers' compensation costs are equivalent to what percentage of a
|| || || || || || || || || || || || || ||
company's payroll? - correct answer✔✔20%-30% || || || ||
what is meant by the term "no fault" relative to workers' compensation? - correct
|| || || || || || || || || || || || || ||
answer✔✔The employer agrees to pay for all injuries to employees regardless of whose || || || || || || || || || || || || ||
fault, and in turn, the employee gives up their right to sue the employer in relation to the
|| || || || || || || || || || || || || || || || || ||
on-the-job injury ||
What are the objectives of workers' compensation, as discussed in class? - correct
|| || || || || || || || || || || || ||
answer✔✔1. Relieve public & private charities of financial drains || || || || || || || ||
2. Provides sure income and medical benefits to work-related accident victims, or income
|| || || || || || || || || || || || ||
benefits to their dependents. wage replacement is typically 1/3.
|| || || || || || || ||
3. Provide a singe remedy and reduce court delays, cost, and workloads AOE personal injury
|| || || || || || || || || || || || || ||
litigation
||
4. Eliminate payment of fees to lawyers and witnesses, as well as, time-consuming trials and
|| || || || || || || || || || || || || ||
appeals
|| ||
5. Encourage maximum employer interest in safety and rehabilitation through and
|| || || || || || || || || || ||
appropriate experience-rating mechanism || ||
6. Promote frank study of causes of accidents, reducing preventable accidents, reducing
|| || || || || || || || || || || ||
preventable accidents and human suffering || || || ||
Be able to describe the types of economic losses experienced by employees and their
|| || || || || || || || || || || || || ||
families when a serious accident results in compensable injury to the employee. - correct
|| || || || || || || || || || || || || ||
answer✔✔1. Loss of earnings & Additional Expenses || || || || || ||
2. If a worker dies because of a work-related injury or sickness, the survivors lose the
|| || || || || || || || || || || || || || || ||
income the worker would have earned - less the amount spent on personal expenses - over
|| || || || || || || || || || || || || || || ||
, the remainder of the individual's working career and retirement years. Total and permanent
|| || || || || || || || || || || ||
disability cause even greater earning losses then death because the worker must be
|| || || || || || || || || || || || || ||
maintained even though unable to work || || || || ||
3. The deceased or disabled worker often is unable to provide valuable household services
|| || || || || || || || || || || || || ||
that must now be foregone or be taken over by someone else at additional cost.
|| || || || || || || || || || || || || ||
4. society also loses the taxes that injured workers would have paid and the products or
|| || || || || || || || || || || || || || || ||
services they would have produced. || || || ||
In most states, what is the income replacement ratio used by workers' compensation
|| || || || || || || || || || || || ||
systems? - correct answer✔✔66% || || ||
What are the major characteristics of compensation laws? - correct answer✔✔-
|| || || || || || || || || || ||
Compensation laws can be compulsory or elective. under an elective law, the employer may || || || || || || || || || || || || || ||
accept or reject the act. However, if an employer rejects the act, it loses the three common
|| || || || || || || || || || || || || || || || ||
law defenses. this means that in practice all the laws can be considered "compulsory." A
|| || || || || || || || || || || || || || ||
compulsory law requires each employer to accept its provisions and provide for benefits
|| || || || || || || || || || || || ||
specified. Most jurisdictions require employers to obtain insurance or to provide financial
|| || || || || || || || || || || ||
ability to carry their own risk. || || || || ||
- Limitations on coverage - The uncertainty arises from the wide variety of permanent
|| || || || || || || || || || || || || ||
partial disability cases that the schedules do not cover satisfactorily. Two factors usually
|| || || || || || || || || || || || ||
prompt compensation litigation. One is uncertainty about whether an accident AOE and in
|| || || || || || || || || || || || ||
COE; the other is the extent of disability. Also, it can be difficult to separate impairments
|| || || || || || || || || || || || || || || ||
that are work related from those that are not.
|| || || || || || || ||
-Employers accepted, or were required to accept, responsibility for injuries AOE and in the
|| || || || || || || || || || || || || ||
COE without regards to fault. In exchange, employees gave up the right right to sue
|| || || || || || || || || || || || || || ||
employers for unlimited damages. This is usually referred to as "Exclusive Remedy".
|| || || || || || || || || || || ||
- There are two concepts that are broadening the exclusive remedy provision: 1. the
|| || || || || || || || || || || || || ||
expansion of the dual capacity doctrine 2. the intentional tort exception|| || || || || || || || || ||
- Although workers' compensation laws initially had no specific provisions for occupational
|| || || || || || || || || || || ||
disease, all sates now recognize responsibility for them. Coverage extends to all diseases
|| || || || || || || || || || || || ||
AOE and in the COE. Most states do not provide compensation for a disease that is an
|| || || || || || || || || || || || || || || || ||
"ordinary disease of life" or, that is not "peculiar" to or "characteristic of" the employee's
|| || || || || || || || || || || || || || ||
occupation.
with verified detailed answers || || ||
According to the text, workers' compensation costs are equivalent to what percentage of a
|| || || || || || || || || || || || || ||
company's payroll? - correct answer✔✔20%-30% || || || ||
what is meant by the term "no fault" relative to workers' compensation? - correct
|| || || || || || || || || || || || || ||
answer✔✔The employer agrees to pay for all injuries to employees regardless of whose || || || || || || || || || || || || ||
fault, and in turn, the employee gives up their right to sue the employer in relation to the
|| || || || || || || || || || || || || || || || || ||
on-the-job injury ||
What are the objectives of workers' compensation, as discussed in class? - correct
|| || || || || || || || || || || || ||
answer✔✔1. Relieve public & private charities of financial drains || || || || || || || ||
2. Provides sure income and medical benefits to work-related accident victims, or income
|| || || || || || || || || || || || ||
benefits to their dependents. wage replacement is typically 1/3.
|| || || || || || || ||
3. Provide a singe remedy and reduce court delays, cost, and workloads AOE personal injury
|| || || || || || || || || || || || || ||
litigation
||
4. Eliminate payment of fees to lawyers and witnesses, as well as, time-consuming trials and
|| || || || || || || || || || || || || ||
appeals
|| ||
5. Encourage maximum employer interest in safety and rehabilitation through and
|| || || || || || || || || || ||
appropriate experience-rating mechanism || ||
6. Promote frank study of causes of accidents, reducing preventable accidents, reducing
|| || || || || || || || || || || ||
preventable accidents and human suffering || || || ||
Be able to describe the types of economic losses experienced by employees and their
|| || || || || || || || || || || || || ||
families when a serious accident results in compensable injury to the employee. - correct
|| || || || || || || || || || || || || ||
answer✔✔1. Loss of earnings & Additional Expenses || || || || || ||
2. If a worker dies because of a work-related injury or sickness, the survivors lose the
|| || || || || || || || || || || || || || || ||
income the worker would have earned - less the amount spent on personal expenses - over
|| || || || || || || || || || || || || || || ||
, the remainder of the individual's working career and retirement years. Total and permanent
|| || || || || || || || || || || ||
disability cause even greater earning losses then death because the worker must be
|| || || || || || || || || || || || || ||
maintained even though unable to work || || || || ||
3. The deceased or disabled worker often is unable to provide valuable household services
|| || || || || || || || || || || || || ||
that must now be foregone or be taken over by someone else at additional cost.
|| || || || || || || || || || || || || ||
4. society also loses the taxes that injured workers would have paid and the products or
|| || || || || || || || || || || || || || || ||
services they would have produced. || || || ||
In most states, what is the income replacement ratio used by workers' compensation
|| || || || || || || || || || || || ||
systems? - correct answer✔✔66% || || ||
What are the major characteristics of compensation laws? - correct answer✔✔-
|| || || || || || || || || || ||
Compensation laws can be compulsory or elective. under an elective law, the employer may || || || || || || || || || || || || || ||
accept or reject the act. However, if an employer rejects the act, it loses the three common
|| || || || || || || || || || || || || || || || ||
law defenses. this means that in practice all the laws can be considered "compulsory." A
|| || || || || || || || || || || || || || ||
compulsory law requires each employer to accept its provisions and provide for benefits
|| || || || || || || || || || || || ||
specified. Most jurisdictions require employers to obtain insurance or to provide financial
|| || || || || || || || || || || ||
ability to carry their own risk. || || || || ||
- Limitations on coverage - The uncertainty arises from the wide variety of permanent
|| || || || || || || || || || || || || ||
partial disability cases that the schedules do not cover satisfactorily. Two factors usually
|| || || || || || || || || || || || ||
prompt compensation litigation. One is uncertainty about whether an accident AOE and in
|| || || || || || || || || || || || ||
COE; the other is the extent of disability. Also, it can be difficult to separate impairments
|| || || || || || || || || || || || || || || ||
that are work related from those that are not.
|| || || || || || || ||
-Employers accepted, or were required to accept, responsibility for injuries AOE and in the
|| || || || || || || || || || || || || ||
COE without regards to fault. In exchange, employees gave up the right right to sue
|| || || || || || || || || || || || || || ||
employers for unlimited damages. This is usually referred to as "Exclusive Remedy".
|| || || || || || || || || || || ||
- There are two concepts that are broadening the exclusive remedy provision: 1. the
|| || || || || || || || || || || || || ||
expansion of the dual capacity doctrine 2. the intentional tort exception|| || || || || || || || || ||
- Although workers' compensation laws initially had no specific provisions for occupational
|| || || || || || || || || || || ||
disease, all sates now recognize responsibility for them. Coverage extends to all diseases
|| || || || || || || || || || || || ||
AOE and in the COE. Most states do not provide compensation for a disease that is an
|| || || || || || || || || || || || || || || || ||
"ordinary disease of life" or, that is not "peculiar" to or "characteristic of" the employee's
|| || || || || || || || || || || || || || ||
occupation.
