Workers Compensation
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What Is Workers’ Compensation?

Workers’ compensation, also known as “workers’ comp,” provides benefits to workers who become injured or ill on the job due to a work-related accident. Workers' comp covers medical costs, healthcare benefits, income for lost wages, educational retraining, and disability pay. Workers’ compensation is a state government-mandated program, but the required benefits vary from state to state. Texas is the only state that does not require employers to maintain workers’ compensation insurance. Texas Department of Insurance. "Are Employers Required to Have Workers’ Compensation Insurance in Texas?"     (Source: investopedia.com)

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