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Scif 3067 2007-2024

State 3067 2007-2024 Form

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Instructions and help about scif illness

You all us employers with very limited exceptions are required to purchase workers compensation insurance this state regulated insurance provides state mandated medical and lost wage benefits to employees injured during the course and scope of their employment exceptions to purchasing this mandatory insurance include very small companies that did not meet the number of employees requirement or in some cases very large companies that prefer to self-insure this risk an employers' failure to comply with the state's requirements will trigger economic penalties and possible criminal prosecution the variety of workers compensation insurance programs are available from the employers risk finance perspective exclusive remedy and a BMP employers liability although each state's regulations differ they all share a common purpose they provide an exclusive remedy in the form of a no-fault program for compensating employees in the form of medical benefits and lost wages in connection with injuries t

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