Institute: ONC | Component: 1 | Unit: 4 | Lecture: e | Slide: 24
Institute:Office of National Coordinator (ONC) Workforce Training Curriculum
Component:Introduction to Health Care and Public Health in the U.S.
Unit:Financing Health Care - Part 1
Lecture:The Government as an Insurance Payor
Slide content:Benefits of Workers Compensation Plans Wage replacement (form of disability insurance) Compensation for economic loss (past and future) Medical benefits (form of health insurance) Benefits to survivors of employees killed in work-related accidents (form of life insurance) 24
Slide notes:Workers Compensation provides several types of benefits to an injured employee or the survivors of a deceased employee . It can replace wages, acting as a form of disability insurance. It can compensate for past and future economic loss . It can provide medical benefits, which acts as a form of health insurance . It can also provide benefits to survivors of employees killed in work-related accidents, which acts as a form of life insurance. Workers Compensation, however, is not the same as disability insurance or unemployment income. 24