Lecture 5

Question 1

workers compensation

Answer 1

a system to pay workers for their work-related injuries/illness (follows strict liability)

Question 2

workers compensation must be..

Answer 2

an accident arising out of employment and in the course of employment

Question 3

compensation is less than full.-you get:

Answer 3

all reasonable medical expenses and often pay rehabilitation expenses and a portion of lost wages

Question 4

how much of lost wages do you get?

Answer 4

2/3 of your weekly average subject to a maximum

Question 5

workers compensation doesn’t cover

Answer 5

horseplay
if you break employer’s drug/alcohol policy
driving to or from work
if it’s intentional

Question 6

partial disability

Answer 6

-inability to perform one or more functions of weekly wage

Question 7

temporary disability

Answer 7

you will recover from (broken arm)

Question 8

total disability

Answer 8

-can’t do any of the job (broken arm for QB)

Question 9

permanent disability

Answer 9

cannot recover full (permanently paralyzed-dead)

Question 10

scheduled payments

Answer 10

-specific payment plan in place for this type of inury
designed to lower admin costs
scheduled pay comes after healed (you get 2/3 while healing)

Question 11

workers comp is the __________ remedy to workers against the employer

Answer 11

only

Question 12

stated purposes of workers compensation

Answer 12

• ensure compensation for workplace injuries/illnesses and specify payment (reduce risk) often referred to as the quid pro quo or this for that concept of both parties
• reduce admin costs through less litigation
• improve safety and spread costs of industrial injuries/illness among pop. through product/service prices

Question 13

current issues with workers comp

Answer 13

perceived disparity

difficulty identifying work-relatedness and need stems to not exists