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Asia Workers Compensation Error Correction On Old Post

Philippines and Thailand Do Have Policies in Place – My Workers Compensation Error

A Workers Compensation error was made by me on one of my old posts. I had to correct the error once I realized that many Asia countries had Workers Compensation coverage. Even the countries that are referred to as “Third World” have some type of coverage.

The article that I wrote on the lack of WC coverages for Philippine and Thai injured workers in 2017 needs to be corrected.

SS Symbol Workers Compensation Error Philippines

The Philippines and Thailand both have a monopolistic fund administered by their governments. The funding in Philippines Pesos is as follows:

RULE V – EMPLOYER’S CONTRIBUTION

SECTION 1. Rate and amount. – Subject to the following conditions, contributions under this Rules shall be paid in their entirety by the employer and any contract or device for the deduction of any portion thereof from the wages or salary of the employees shall be null and void:
(1) For a covered employee in the public sector, his employer shall remit to the GSIS a monthly contribution equivalent to one percent of the actual wages or salary received by him as of the last day of the month but not to exceed P30 per employee. (ECC Resolution No. 1451 dated December 27, 1979).
(2) For a covered employee in the private sector, his employer shall remit to the SSS a monthly contribution equivalent to one percent of his monthly salary credit as of the last day of the month.

SS is the Philippine Social Security system. All of their Workers Compensation claim rules are very similar to the US.

The one noticeable difference is the low amount of Workers Compensation rates available to employers. One percent is strikingly low except for Administrative Assistants. I think I know why the rates are so low. The medical benefits are full single payer.

The Philippines has PhilHealth. PhilHealth is the 24-hour health coverage (think socialized medicine) in the Philippines. From what I have read, the 24- hour coverage also encompasses Workers Compensation medical treatment.

Thailand’s workers compensation is very similar.

So there you have it, a workers compensation error corrected. I do not go back and correct the posts very often.

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US Workers Comp System Is Not So Bad After All Compared to Other Countries

US Workers Comp System – A World Leader?

The US Workers Comp System has come under attack very often recently. I agree that isolated cases do occur – not a trend. What is the greatest way to find out what is going on internationally. Flying overseas always gives me a great idea of what is going on in certain countries.

I have spoken with Russian, Philippine, Chinese, and other pan Asian countries concerning Workers Comp. Most countries do not even have a system that keeps an injured worker’s family going while one or the only major breadwinner is unable to work due to an on the job injury.

My simple poll of fellow plane passengers provided great information such as:

Russia – you are out of luck. The injured workers usually keeps working even though they have sustained what would be considered a major injury.
Philippines – once again, you are out of luck on the wage replacement benefits. The Philippines provides PhilHealth. PhilHealth is basically the same as Medicaid.
China – the system allows a worker to file a claim. The medical system is very corrupt between the large companies and their influence over physicians.
Thailand – out of luck again – nothing really provided for an injured worker. There is some type of nationalized health insurance. The system is not as good when compared to PhilHealth.

Aircraft US Workers Comp System On Airport

These examples were generated from conversations with plane passengers. As we look to compete on a global basis, we must look at other countries’ Workers Compensation systems before we blast away at our own.

Somewhere in the world probably exists a better system. However, until someone points it out the US Workers Comp System leads the world in providing proper benefits to injured workers.

If someone know of a better system, please comment below. I would love to have to stand corrected. I doubt I hear that the US Workers Comp system takes a backseat to another country.