Benefits, Costs, and Cycles in Workers' Compensation (1990)Hardcover - 1990, 31 May 1990

Benefits, Costs, and Cycles in Workers' Compensation (1990)
Qty
1
Turbo
Ships in 2 - 3 days
In Stock
Free Delivery
Cash on Delivery
15 Days
Free Returns
Secure Checkout
Buy More, Save More
Part of Series
Huebner International Risk, Insurance and Economic Security
Part of Series
Evaluation in Education and Human Services Series
Part of Series
Huebner International Series on Risk, Insurance and Economic
Print Length
188 pages
Language
English
Publisher
Springer
Date Published
31 May 1990
ISBN-10
0792390377
ISBN-13
9780792390374

Description

Workers' compensation insurance presents a set of institutional charac- teristics that are unique. For every other form of insurance, both the insurer and the coverage provided under the policy are completely controlled either by the federal or a state government, or by an arrangement between the insured and a property-casualty insurer. Unemployment insurance, Social Security, and bank-deposit insurance are examples for which a legis- lative body sets the benefits. and a government agency prescribes the in- surance premium. By contrast, the coverage and premiums for automobile, homeowners, and fire insurance are individual contractual arrangements between a policyholder and one of the more than 1800 U. S. property- casualty insurance companies. Workers' compensation insurance, however, is a hybrid in which state legislatures stipulate the terms of coverage, while regulated competition is the major determinant of prices. State legislatures enact statutes that prescribe the replacement rate and duration of indemnity benefits, as well as full reimbursement of medical expenses. And although the manual rates for workers' compensation insurance continue to be administered by a prior approval process in most states, the competitive-market price for coverage is achieved through a variety of price-modification plans (Appel and Borba, 1988).

Product Details

Book Edition:
1990
Book Format:
Hardcover
Country of Origin:
US
Date Published:
31 May 1990
Dimensions:
22.86 x 15.24 x 1.6 cm
ISBN-10:
0792390377
ISBN-13:
9780792390374
Language:
English
Location:
Dordrecht
Pages:
188
Publisher:
Springer
Weight:
480.81 gm

Related Categories


Need Help?
+971 6 731 0280
support@gzb.ae

About UsContact UsPayment MethodsFAQsShipping PolicyRefund and ReturnTerms of UsePrivacy PolicyCookie Notice

VisaMastercardCash on Delivery

© 2024 White Lion General Trading LLC. All rights reserved.