Oregon Worker’s Compensation Insurance - Causes, Exemptions & Incorporation

Every employee in Oregon counts. Are you an employee who is usually always sick or your colleague is suffering from a serious injury? If yes, then being an employee, entitles you to financial benefits. These financial benefits provided to the working employees depend completely upon the circumstances or intensity of the injury.

If you are one of the thousands of employees who wish to seek paid medical leaves, then you must file the worker's compensation insurance in Oregon. It is the most effective way of getting medical support from the company you are working at. The filing process for worker’s compensation insurance can be complex. Thus, one must be well-versed in the filing process.

Why is Worker’s Compensation Insurance introduced in Oregon?

Every company in Oregon works, keeping the business and the employees in mind. Worker’s compensation insurance is introduced for the good sake of the employees and the business. This insurance provides the employees with medical aid, and entitlement to the payment of time loss or re-employment assistance, in case of severe issues.

The introduction of this insurance led to the replacement of both the legal liability of an employer and the no-fault insurance. The insurance refers to those employees who have an injury, are sick, or are disabled at the workplace due to the labor work. After claiming the insurance, an employee feels protected. The filing process is not as easy as it sounds, it requires basis, category, type of injury, documents, and much more.

4 Common Exemptions for Worker’s Compensation Insurance in Oregon

The hard pill to swallow about Worker’s Compensation Insurance is that not every worker can claim it. Certain exemptions exist that completely depend upon the type of worker an individual is:

●Corporate Officers- Corporate Officers who serve on the board of directors or own at least 10% of the company’s stock, are not entitled to financial benefits through the insurance. This rule does not apply to construction or landscape businesses, as they have one or two exempt officers per 10 employees.

●Casual Labor- Casual labor is a category of workers who cost less than a certain amount in any 30-day tenure. They exempt the workers who fall under the casual labor category. While, the workers whose payroll is equal to or greater than the amount within the 30-day tenure are eligible for the insurance.

●LLC Members- Most LLC members are not eligible for the financial benefits of the insurance. The members exempted are those who have no substantial ownership. However, there are certain exceptions to this rule. It exempted the members of the construction or landscape contracting companies who have substantial ownership from the privilege of worker’s compensation insurance.

●Out-of-state workers- Workers who are from out-of-state working in Oregon temporarily cannot claim the insurance. The workers from other states working in Oregon usually use their home-state coverage.

What does the Oregon Worker’s Compensation Insurance cover?

The most renowned worker’s compensation insurance in Oregon helps workers claim their medical expenses. It shields the business and the employee from any liability. The insurance covers:

●Medical Costs - Worker’s Compensation Insurance covers all the medical expenses associated with the doctor's visit, required tests or surgeries, prescriptions, medicines, and much more.

●Short-term or Long-term Disabilities-Sometimes, an injury causes a permanent disability due to which there are ongoing medical expenses. Thus, the employee is eligible to claim the expenses of the permanent or temporary disability.

●Occupational Illness- Certain workplaces tend to affect the health conditions of the worker. The environment and work expose the workers to hazardous reactions that make them sick. Thus, the insurance also covers the cost of the illness caused by the occupation.

●Funeral Expenses- The insurance covers the death outlay as the death rate at the workplace in Oregon is quite high. The insurance also ensures the provision of death benefits to the employee's family.

Conclusion

Worker’s Compensation Insurance in Oregon is one such miracle. It allows the workers to claim the medical expenses and compensate for the loss of time they had in the workplace.

The insurance ensures that the employers' and employees' legal liability is protected, without any policy violation. It is the responsibility of the employer to ensure that the insurer files proof of coverage so that the worker gets appropriate benefits when injured.