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Questions and Answers
Which of the following best describes workers' compensation?
Which of the following best describes workers' compensation?
- A type of insurance that provides medical benefits to employees injured at work
- A form of insurance that allows employees to sue their employers for negligence
- A system that ensures workers receive compensation for economic loss
- A type of insurance that provides wage replacement and medical benefits to employees injured at work (correct)
What is the purpose of the compensation bargain in workers' compensation?
What is the purpose of the compensation bargain in workers' compensation?
- To reimburse employees for medical expenses
- To prevent employers from becoming insolvent (correct)
- To provide workers with disability insurance
- To allow employees to sue their employers for negligence
What is the role of collective liability in workers' compensation?
What is the role of collective liability in workers' compensation?
- To ensure security of compensation to the workers (correct)
- To prevent employees from suing their employers
- To provide reimbursement for medical expenses
- To compensate workers for economic loss
