All of the following is CORRECT about Workers' Compensation EXCEPT: A: it is considered no fault coverage even if the insured is party responsible for loss B: it is a program that provides medical coverage if a worker gets hurt on the job C: Workers' Comp is regulated by the state government D: Workers' Comp Covers medical benefits at a limit of $1,000,000 per worker.

The answer is - D. Workers' Comp Covers medical benefits at a limit of $1,000,000 per worker

Answered: A: it is considered no fault coverage…

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter1: Introduction: What This Book Is About

Section: Chapter Questions

Problem 1MC

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All of the following is CORRECT about Workers' Compensation EXCEPT:
	A: it is considered no fault coverage even if the insured is party responsible for loss
	B: it is a program that provides medical coverage if a worker gets hurt on the job
	C: Workers' Comp is regulated by the state government
	D: Workers' Comp Covers medical benefits at a limit of $1,000,000 per worker.

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