Most Maryland businesses with employees are required by state law to carry workers’ compensation insurance. It can help protect business owners from the financial cost of workers who get hurt or sick on the job.
But not all injuries that occur at work are covered under the Maryland Workers’ Compensation Commission. For an incident to be covered, it must meet specific criteria, including:
It’s important for your business to have proper workers’ compensation insurance coverage in the state. Without it your company could face fines of up to $10,000.
In addition, Maryland workers’ comp insurance protects your business from potential losses if an employee files a claim.
If your employee believes they have an injury or illness covered under Maryland workers’ compensation laws, it’s important to notify the claims department at your insurance provider within 10 days of the accident.
The WCC will decide whether the employee is entitled to workers’ compensation benefits. The commission will also determine the benefit amount.
After the WCC makes a decision, the insurance company is responsible for paying out the benefits.
Employees who experience a covered work-related injury or illness may receive a range of workers’ compensation benefits, including:
These pay for treating injuries and illnesses. They may include payment for doctors’ visits, hospital stays, surgery, medication and medical equipment.
If an employee can no longer perform their job but can still work in another role, they could receive vocational rehabilitation benefits to cover the cost of skill assessment, training for a new job and job placement services.
This is when an employee’s injury results in a disability that prevents them from returning to work at all. If the period of disability is less than 14 days, the compensation benefit payments may not be allowed for the first three days except for payments for some medical services. If temporary disability lasts for more than 14 days, then the compensation is allowed from the date of disability.
These benefits apply when the worker can only perform limited or part-time duties at a reduced income level. The employer or its insurer pays the covered employee 50% of the difference between the average weekly wage of the employee and the wage-earning capacity of the employee while partially disabled. The maximum payment is 50% of the State average weekly wage.
In Maryland, the loss of use of any of the following constitutes a permanent total disability: both arms, both eyes, both feet, both hands, both legs; or a combination of any two of the following: an arm, eye, foot, hand or leg.
Employers or its insurer pay two-thirds of the average weekly wage of the covered employee, subject to a maximum payment set by the State. Benefit payments for permanent partial disability continue only for a set number of weeks (depending on the disability).
If an employee suffers a fatal injury, their dependents may receive benefits for funeral expenses plus payments in accordance with Maryland state law.
Workers’ compensation costs vary across industries. Factors that influence price include:
Get a free instant quote in about 10 minutes from NEXT to see your workers’ comp insurance costs.
Sole proprietors, partners in partnerships, officers of a corporation and members of a limited liability company (LLC) aren’t required to have coverage for themselves. They can elect to purchase a policy. And it may be a good idea.
Workers’ comp insurance may help pay for medical bills and provide partial compensation for lost wages for anyone in any profession.
NEXT strives to resolve every claim quickly. Learn more about our claims process and how our claims advocates will work with you after an employee injury.
General liability insurance protects your business from common mistakes or accidents, such as customer injury or damages to someone’s property.
If you or your employees drive vehicles for work, you probably need commercial auto insurance. This provides coverage for accident-related expenses in a business-owned vehicle or a personal vehicle being used for work purposes.
Commercial property insurance can provide financial help if your business structures, goods, gear or inventory are damaged or destroyed by a covered event.
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