Which of the following is true of the cost to the employer for workers' compensation?
A)The premium for high-risk occupations is lower than the premium for low-risk occupations.
B)The premium is the same,no matter which state the firm is located in,if the injury is the same.
C)The compensation mostly covers minor injuries such as sprains and strains,rather than dramatic injuries.
D)The compensation does not cover the cost of rehabilitation services.
E)The experience rating system primarily induces employees to take precautions at work.

Question

Quizplus · Accepted Answer

Workers' compensation mostly covers minor injuries such as sprains and strains, rather than dramatic injuries. The compensation is designed to provide assistance to employees for workplace injuries that occur during the course of their employment. The cost to employers for workers' compensation varies depending on the level of risk associated with the occupation and the state in which the firm is located. However, the compensation primarily covers minor injuries.

Which of the Following Is True of the Cost to the Employer