Which of the following statement about workers compensation


1. Which of the following statement about workers’ compensation (WC) programs is Incorrect ?

a) WC program is run by individual state and is compulsory in every state

b) WC program is designed to cover expenses incurred in employee work – related accidents or injuries

c) WC program only compensates for economic losses but not for pain & suffering

d) Usually, employees cannot sue employers under tort law for benefits covered by WC Law

2. The WC total disability benefit id usually the minimum of the 2/3 of pre- injury income and the state average wage assume the state’s average weekly wage is $600. If an employee’s pre- injury weekly wage is $800 how much is weekly WC total disability benefit?

a) $600

b) $800

c) $533

d) None of the above

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Financial Management: Which of the following statement about workers compensation
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