Remove Compensation System Remove Employee Compensation Remove Medical Remove Taxes
article thumbnail

Is workers’ compensation spending on healthcare significant? Would a "single-payer" system make a difference?

Workers' Compensation Perspectives

Private funding includes out-of-pocket healthcare spending by individuals on medical supplies and services, co-pays or deductibles. The healthcare of military vets, grants for medical research and public medical insurance typically fall into the public spending category. In my view, this would be a mistake.

article thumbnail

Workers’ Compensation Insurance Arrangements: Does the model make a difference? Part 1

Workers' Compensation Perspectives

The workers’ compensation coverage for US federal employees does not fall easily into these three categories. US federal government employees are covered under the Federal Employees Compensation Act (FECA), administered by the Department of Labor’s Office of Workers’ Compensation Programs (OWCP).

article thumbnail

Workers’ Compensation: What’s payroll got to do with it?

Workers' Compensation Perspectives

.); "total amount paid to employees over a period," hence, via records-keeping, "list of employees receiving pay." [ See [link] ] Today, the word “payroll” more often than not refers to the department or system that manage employer costs for a range of employee compensation components.