Workers' compensation (which formerly was known as workmen's compensation until the name was changed to make it gender neutral) is a primarily state-based system of workers' compensation.
Lost Wages The trade-off between assured, limited coverage and lack of recourse outside the worker compensation system is known as "the compensation bargain".
Medical Expenses Some form of workers' compensation is typically compulsory for almost all employers in most states, with the notable exception of Texas as of 2018.
Rehabilitation Expenses Regardless of compulsory requirements, businesses may purchase insurance voluntarily, and in the United States policies typically include Part One for compulsory coverage and Part Two for non-compulsory coverage.
Death Benefits The trade-off between assured, limited coverage and lack of recourse outside the worker compensation system is known as "the compensation bargain".
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