What is workers compensation?

Workers' compensation is a form of insurance that provides financial and medical benefits to employees who are injured or become ill as a direct result of their job. It is designed to cover medical expenses, rehabilitation costs, and lost wages while the employee is recovering. In most cases, workers' compensation also protects employers from lawsuits filed by injured workers. Each state in the U.S. has its own specific laws and regulations regarding workers' compensation coverage and benefits.