QUESTIONS AND ANSWERS/NEWEST
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Terms in this set (126)
State workers True
compensation laws
are no-fault
systems. T/F
Employer purchase False; With the exception of Texas and
of workers new Jersey, all states have made employer
compensation purchase of workers compensation
insurance is insurance mandatory.
voluntary in all state
but Texas and New
Jersey. T/F
One advantage of True
workers
compensation to
employers is
predictable costs.
T/F
,List 4 states that North Dakota, Ohio, Wyoming,
have monopolistic Washington
funds.
List 2 states where Texas and New Jersey
workers
compensation is
elective for
employers.
Both item 3A and 3A triggers WC insurance for the state or
item 3C of the state listed in which the policyholder
information pages currently has ongoing business. 3C lists all
of a WC policy list of other states except those listed in 3A
the states the policy and monopolistic states that the
covers. Explain the policyholder may conduct business during
difference between the policy term.
these two items.
The experience modifier reflects
What is the
employers claims experience, that is, the
experience
frequency and severity, or cost, of claims.
modifier, and what
The experience modifier is used to
is its purpose?
calculate an employers premium.
What information Explains the policy's role as an insurance
does the General contract.
Section A provide in
a WC policy?
What information Clarifies who in insured
does the General
Section B provide in
a WC policy?
, What information Describes workers compensation law
does the General
Section C provide
in a WC policy?
What information Explains in which states coverage applies
does the General
Section D provide
in a WC policy?
What information Explains in which states coverage applies
does the General and identifies workplace locations where
Section E in a WC coverage applies
policy?
Explain what Paragraph C does not focus on federal
Paragraph C in the workers or federal workers compensation
General Section of laws.
the WC and EL
insurance policy
does not apply to.
What is the correct Medical
compensation
category for the
following benefit:
Reasonable and
necessary treatment
for an injury