As the American population ages, so is the workforce. According to the Administration of Community Living (ACL) there are 65 million people age 65 and over. By the year 2020, there will be more than 77 million people over age 60. Many of these Americans will be in the workforce. Since people are living longer, they’re in need of financial means to sustain their lifestyle. … [Read more...]
Why is it Important for All Work Injuries to be Reported?
Every year, approximately 4.1 million workers suffer a serious work related injury. Sadly, this number doesn’t even reflect the minor occurrences that happen each and every minute of the day in the United States. If a worker becomes injured, whether major or minor, it’s vital that they report the injury to ensure proper treatment and care under workers’ … [Read more...]
Will My Workers’ Comp Benefits be Taxed?
This is a common question — and you’ll be relieved to know that the most common answer for people in this situation is no. Workers' comp benefits aren’t considered “earned income” like your work wages, so payments for workers’ compensation aren’t typically subject to either federal or state taxes. Any benefits paid to survivors of workers’ comp death benefits also shouldn’t … [Read more...]
Are Workers’ Compensation and Disability Insurance the Same?
Workers’ compensation and disability insurance both provide monetary payments to employees who suffer injuries or illnesses, but they serve different functions. Workers’ Compensation The primary difference between both of these types of insurance is that workers’ compensation pays for work-related injuries. Employers are required to purchase workers’ compensation insurance to … [Read more...]
Common Causes and Symptoms of Repetitive Strain Injury (RSI)
A repetitive strain injury (RSI) can be a real pain in the neck…. or arm, wrist, or various other parts of the body. This type of injury, caused by overuse or repetitive movement, is associated with pain that’s commonly felt in tendons, nerves, or muscles. RSI is a very common occupational injury that typically affects the upper body, including the arms, wrists, neck, … [Read more...]
Which Industries Have the Most Workers Compensation Claims?
When a person goes to work each day, they should feel comfortable and that they’re in a safe environment. At the end of the day they want to go home to their families unharmed. However, this isn’t always the case. Getting injured or sick on the job is more common than many people realize. While it’s true that the number of reported non-fatal incidents and illnesses have … [Read more...]
