Most people who have had a job or are currently employed have heard of worker's compensation insurance.
People you may even know may have received, or still be receiving worker's compensation benefits from their employer.
Many employees don't know much about the worker's compensation insurance that their employer provides, and this can often lead to bigger issues if that employee is hurt on the job.
Generally, employees feel safe knowing they have benefits if they get hurt at work but accepting your employer's worker's compensation insurance without understanding it first may not always be the best choice for everyone.
There are many pros and cons to accepting worker's compensation insurance and sometimes when you don't understand how this insurance works you may be missing out on some of its potential benefits.
In most cases accepting your employer's worker's compensation insurance is the best choice, but without reading their policy and understanding a little about the law it is difficult to say.
Since your employer does not want you to sue them and they generally have your best interests in mind, they will do their best to help you get healthy again and to prevent another similar incident from happening to you or anyone else.
Unfortunately since every situation and injury is unique, the best way to know if you should accept your employer's worker's compensation insurance is to contact an injury lawyer.
Contacting an injury lawyer could be the difference in being able to pay your medical bills and household bills or just barely getting by.
This is extremely important if you have a life threatening injury or were injured in a way that could lead to a permanent disability.
There are several great websites that provide information about workers compensation insurance and the law, but always remember to seek the advice of a professional if you are confused about your rights.
Workers compensation insurance can be a life saver when it comes to paying medical bills and prescriptions but if medical care suddenly skyrockets for an unknown reason such as a misdiagnosis, by accepting your employers workers compensation insurance you have forfeited your right to sue your employer.
With anything, read the fine print and ask plenty of questions.
It could mean the difference of thousands of dollars in the long run.
When in doubt call an injury lawyer for clarification about your specific case.
Only a trained professional will be able to tell you with absolute certainty if it is best for your situation.