What does workers' compensation insurance provide?

Workers' compensation insurance is specifically designed to offer wage and medical benefits to employees who sustain injuries or illnesses in the course of their employment. This coverage is crucial because it ensures that employees receive the necessary care and financial support while they recover from work-related injuries. The intent behind this system is to provide workers with a safety net that alleviates the financial burden associated with medical costs and lost wages, providing a sense of security knowing they will receive assistance as they focus on healing.

The other choices delve into areas outside the scope of workers' compensation insurance. Legal protection against employer lawsuits may involve other types of liability coverage, while discounted health insurance rates and retirement benefits pertain to employee benefits rather than workers' compensation specifically. This clarity reinforces the understanding that workers' compensation insurance is primarily concerned with the immediate health and wage support for employees injured in the workplace.