Failure to purchase Workers Compensation is a felony under a new bill which is scheduled to be taken up by the Senate today. Under this bill, business owners who fail to purchase workers compensation insurance will be committing a felony. Currently, business owners who do not purchase Workers Compensation are committing a misdemeanor. Supporters of the bill say the enhanced penalties will further deter companies from not buying coverage. If an injured worker is not covered, his care is paid for by a state trust fund, which is funded by the employers who do buy coverage.
This new felony characterization conveys how important it is that Workers Compensation coverage is in place.
To read the State House News article, click here.
If you’d like to learn more about Workers Compensation, check out this interactive tutorial from The Hartford: http://www.workerscompstarthere.com/workerscomp/
Or, call us today and we can answer any questions you may have: 781-444-3050.