Workers Compensation
What Does Workers’ Compensation Cover?
Workers’ compensation insurance typically covers medical expenses, rehabilitation costs, and a portion of lost wages if an employee is injured on the job or becomes ill due to work-related activities. It also offers benefits for employees in case of permanent disability and death benefits to the employee’s dependents in the unfortunate event of a fatal injury. Coverage includes:
Medical Treatment – Coverage for doctor visits, hospital stays, surgeries, and prescriptions required for recovery.
Lost Wages – Compensation for lost income during the time an employee is unable to work due to injury or illness.
Rehabilitation – Access to physical therapy or vocational training to help employees return to work.
Disability Benefits – Financial support if an injury results in temporary or permanent disability.
Death Benefits – Provides financial compensation to the family in the event of a workplace-related fatality.
Tailored Solutions for Your Business
At Twin Creek Insurance, we recognize that no two businesses are the same, and neither are their workers’ compensation needs. That’s why we offer a personalized approach, working directly with business owners to create customized coverage plans that fit their specific operations. Whether you are a small business just starting or a large enterprise in a high-risk industry, we provide flexible solutions that evolve with your needs.
Experience Modification Rate (EMR) Management
One of the key factors impacting your workers’ compensation premiums is your Experience Modification Rate (EMR). A higher EMR can lead to increased premiums, while a lower EMR reflects a safer workplace and reduces costs. At Twin Creek Insurance, we regularly monitor and analyze your EMR to ensure accuracy, help identify areas for improvement, and recommend strategies to reduce your rate. If you’re currently being charged based on an inflated EMR, we can work with you to resolve discrepancies and ensure you aren’t overpaying.
Risk Management and Safety Programs
Creating a safer workplace not only protects your employees but also reduces your insurance costs. We work with business owners to develop and implement effective risk management programs that meet industry standards.
If you’re facing high workers’ compensation premiums, a high EMR, or are dissatisfied with your current broker, Twin Creek Insurance is here to help. Let us review your situation and offer solutions that fit your business needs, ensuring you have the best coverage at the right price.