Indiana Workers’ Compensation Insurance
Most employers are required to have workers’ compensation in Indiana. Workers’ compensation insurance provides benefits to workers that get sick or injured as a result of their job. Workers’ compensation also helps protect business owners in the Hoosier State by limiting their liability for work-related accidents. If an injured worker’s family sues you, it can help cover your legal fees.
To comply with Indiana’s workers’ compensation laws and help protect your business and employees, you can buy coverage from private insurance carriers, like The Hartford.
Indiana Workers’ Compensation Act
The Indiana General Assembly passed the Workers’ Compensation Act of Indiana in 1915.1 The Act created a workers’ compensation system that provides benefits to sick or injured workers hurt by their job to help them recover and return to work.
Indiana Workers’ Compensation Coverage
Workers are not required to prove that their employer was at fault for their job-related injury to receive workers’ comp benefits. Indiana workers’ compensation benefits can help cover an employee’s medical treatment if they’re sick or hurt from a work-related cause. It can also help replace some of an employee’s lost wages if they can’t work or work at full capacity due to their job-related injury or illness. If a doctor orders an employee not to work, Indiana workers’ compensation may cover two-thirds of an employee’s average weekly wage. The maximum weekly wage for an accident that happened after July 1, 2006 is $600.2
Filing workers’ comp claims in a timely manner is important to ensure your employees receive benefits. It can also prevent you from being fined by the state. Employees must report injuries or illnesses within 30 days if they are in an accident while on the job. Waiting more than 30 days could mean an employee’s claim is denied.3 After hearing about an employee’s injury, you have seven days to report it to your insurance carrier.4
Indiana workers’ compensation insurance can help businesses and employees in the following examples:
- A truck driver gets injured in a car accident on his way from a Fort Wayne meeting. He’s taken to the emergency room. He requires weeks of recovery to heal from his injuries. Workers’ comp can help cover his medical care and replace some of his lost wages while he recovers.
- An office worker’s chair collapses in their Bloomington office. She injures her back in the fall. As a result, she’s taken to the hospital for her injuries. A doctor refers her to a physical therapist to recover. Workers’ comp can help cover her medical bills and ongoing care costs.
Exemptions Under Indiana Workers’ Compensation Laws
There are a few exemptions to Indiana’s workers’ compensation laws, such as:
- Sole proprietors, partners and LLC members5
- Corporate officers6
- Independent contractors7
- Licensed real estate agents8
These types of employees can choose to be covered by workers’ compensation insurance.
Proof of Indiana Workers’ Compensation Coverage
When you’re insured with The Hartford, getting proof of workers’ compensation insurance coverage in Indiana is easy. Proof of coverage is also known as a certificate of insurance. It’s important because it helps businesses prove they have workers’ comp coverage. It can also detail the types of injuries your policy covers.
Get a quote today and learn how you can get a certificate of insurance.
Indiana Workers’ Compensation Board
The Indiana Workers’ Compensation Board is made up of seven members. The members are appointed by the governor and serve four years.9 The Board also answers questions about the Indiana Workers’ Comp system and collects statistics on work-related injuries in the state.10
The Board makes rulings on informal disputes and disputed claims. Informal disputes begin when a Request for Assistance form is submitted. A case coordinator interviews both parties about the dispute. This coordinator will search for a resolution.11
If the resolution is appealed, an Application for Adjustment of Claim is filed. This starts the disputed claims process. The case is brought before a single hearing member of the Board, who eventually makes a ruling. If either party isn’t happy, an appeal can be made within 30 days. A hearing is then held before the full Workers’ Compensation Board. The full board presents a written award. Further appeals are made to the Court of Appeals and then the Supreme Court of Indiana.12
Indiana Workers’ Compensation Rates
The Indiana Compensation Rating Bureau (ICRB) is a private, non-profit and unincorporated association of all insurance companies licensed to write in the state.13
The ICRB collects information from each member company and uses it to determine fair rates. The ICRB is also responsible for additional workers’ compensation programs, including:14
- Rules promulgation
- Experience rating
- Inspection and classification
- Assigned risk administration
- Industry education
- Dispute resolution
If you’re wondering how much workers’ comp coverage will cost your business, start by getting a quote today. You can also call 855-829-1683 and speak with our small business insurance team. We’re here to answer your questions and help propel your business forward.
Indiana Workers’ Compensation Claims
To file a claim for workers’ compensation in Indiana, visit our claims page today.
This article provides general information, and should not be construed as specific legal, HR, financial, insurance, tax or accounting advice. As with all matters of a legal or human resources nature, you should consult with your own legal counsel and human resources professionals. The Hartford shall not be liable for any direct, indirect, special, consequential, incidental, punitive or exemplary damages in connection with the use by you or anyone of the information provided herein.