Term Of The Day – Second Injury Fund
Administered by the individual state, the Second Injury Fund reimburses an employer for a portion of claims caused by an on the job injury to an employee with a pre-existing permanent partial disability.
This reimbursement program encourages employers to hire employees with disabilities.
An added benefit to employers is the possibility of a lower E-mod because reimbursement ultimately reduces claims cost. A lower E-mod can easily result in reduced premiums.