Asked by Luisa Fernanda Bohorquez on May 09, 2024
Verified
Which of the following is true of workers' compensation?
A) It is aimed at helping people who have chronic problems with alcohol or drugs.
B) The exact premium paid for workers' compensation insurance is a function of each employee's salary.
C) Employers pay the cost of workers' compensation insurance.
D) It is provided to people who are between jobs.
Workers' Compensation
Insurance that provides wage replacement and medical benefits to employees injured in the course of employment.
Insurance Premium
The amount of money that an individual or business must pay for an insurance policy.
Chronic Problems
Persistent and long-standing issues that resist resolution and continue to affect an individual, group, or system over time.
- Acquire knowledge on the legal rights related to pensions and the purpose of workers' compensation.
Verified Answer
NR
natasha riveraMay 12, 2024
Final Answer :
C
Explanation :
Workers' compensation insurance is designed to cover employees who get injured or sick because of their job. Employers are responsible for paying the premiums for this insurance, not the employees. This system helps to protect businesses from lawsuits and provides financial and medical support to employees injured on the job. Choices A, B, and D describe different concepts unrelated to the primary purpose of workers' compensation.
Learning Objectives
- Acquire knowledge on the legal rights related to pensions and the purpose of workers' compensation.