Workers Compensation

Workers’ Compensation Policy Workers’ compensation is a form of insurance that provides wage replacement and medical benefits to employees injured in the course of employment. It’s effectively a disability insurance program for workers, offering cash benefits, healthcare benefits, or both to those who suffer injury or illness as a direct result of their jobs.

Importance of Workers’ Compensation Workers’ compensation insurance is essential because it provides critical benefits to employees when they are injured or sick due to their job. These benefits include medical treatment and ongoing care, payments to cover lost wages, and even death benefits. Accepting workers’ compensation benefits means the employee agrees not to sue their employer for damages. This arrangement protects businesses from significant financial burden following an injury or illness in the workplace.

Workers’ Compensation Requirements in Massachusetts General Requirements All employers in Massachusetts must have workers’ compensation insurance for their employees and themselves if they are an employee of their company. This requirement is in place regardless of the number of hours worked or the number of employees.

Sole Proprietor A sole proprietor is not obligated to obtain workers’ compensation insurance coverage. However, if they have employees, those employees must be covered.

Limited Liability Company (LLC) LLC members are not required to have workers’ compensation insurance for themselves. Nevertheless, this exemption does not extend to employees who are not LLC members; they must be insured.

Corporations Corporate officers with at least a 25% interest in the corporation may opt out of workers’ compensation coverage. This exemption, however, does not apply to employees who are not corporate officers; they must be covered.

In Massachusetts, corporate officers are automatically included in workers’ compensation coverage, while sole proprietors, LLC members, or partners must choose to opt in for coverage. Corporate officers have the option to exclude themselves.

Simplifying Your Workers’ Compensation Filing Navigating the paperwork for workers’ compensation can be complex, but you don’t have to do it alone. Depending on how you set up your policy, certain documents must be filed with the state. Our agency is dedicated to making this process simple and accurate for you. We handle all the necessary filings, ensuring that you can focus on what matters most—running your business. With our support, you can have peace of mind knowing that your workers’ compensation requirements are managed professionally and efficiently.