Workers’ compensation, often called workers’ comp or WC, is an insurance program that protects employers when an employee is hurt on the job.
When a company is covered by workers’ comp, insurance will replace the employee’s wages, pay their medical bills, and help with other injury-related costs for the employee. By law, each employer has a duty to care for its employees through WC coverage, while employees incur no cost. Employees pay no premiums, deductibles or co-pays.
Wisconsin enacted the first U.S. workers’ compensation program in 1911. By 1949 every state had a workers’ compensation system.*