Asked by Haley Van Roekel on May 08, 2024
Verified
The purpose of worker's compensation is to offer benefits to eligible employees that have become unemployed.
Worker's Compensation
Worker's Compensation is an insurance program that provides financial benefits and medical care for workers who are injured or become ill as a direct result of their job.
Unemployed
Pertains to individuals who are without a job but are available for and seeking employment.
- Recognize and elucidate the objectives of different forms of insurance and workers' compensation.
Verified Answer
RD
Rockay DavisMay 09, 2024
Final Answer :
False
Explanation :
The purpose of worker's compensation is to provide benefits to employees who are injured or become ill as a result of their job. It is intended to cover medical expenses, lost wages, and other related costs resulting from the injury or illness.
Learning Objectives
- Recognize and elucidate the objectives of different forms of insurance and workers' compensation.