If you’re an employer in Celina, TX, it’s paramount that you understand the workers’ compensation requirements to ensure your employees are adequately protected. This understanding can help you find the most suitable insurance plan from Rasor Insurance for your specific needs.

Understanding Workers’ Compensation Requirements

In Texas, the workers’ compensation requirements operate as follows:

Private Employers: Though private employers must comply with regulations, they are not mandated to carry standard workers’ compensation insurance.
Public Employers: Local or state government entities and organizations must offer workers’ compensation coverage for all their employees.
Optional Coverage: Private employers can provide workers’ compensation insurance without implementing an alternative benefit plan. However, if they opt out of an alternative benefits plan, they must present coverage that is as valuable or superior to regular compensation benefits.

Requirements for Workers’ Compensation Insurance Carriers

Any business offering workers’ compensation insurance must do so through the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC). Choosing the right insurance carrier can profoundly influence how you operate and provide employee coverage.

Ensuring Proper Reporting and Compliance

As an employer in Celina, TX, you must adhere to the state’s reporting regulations and requirements. This process involves maintaining accurate records of workplace illnesses and injuries. Additionally, reporting work-related injuries to your preferred insurance program within eight days of becoming aware of the injury is essential.

If you’re an employer in Celina, TX, and interested in learning more about your coverage options regarding workers’ compensation, Rasor Insurance is here to help. Contact Rasor Insurance today for a consultation and review of your legal rights and responsibilities before recruiting your own team.