Workers Compensation Knowledge – Test Yours With 10 Questions

Workers Compensation Knowledge Quiz – 10 Questions +Bonus

The new quiz will test your Workers Compensation knowledge.  Some are easy.  Some are difficult.  I will answer them next week at the latest.  Some of the answers can be found in previous articles on this website.  A link will be provided for those articles.  These random questions require extensive Workers’ Compensation knowledge.  Feel free to add your answers to the comments.  Wake up – no sleeping!

Questions + Answers Update  

Instead of having to read the question and then scroll down to the answer, the answers were provided directly in the question text.  If you happen to disagree with the answer or want to spread workers compensation knowledge from a different angle, please comment.  Thanks.

1. What is a waiting period?  What is the usual number of days in a waiting period?  The waiting period is a two-step concept.  The first is that an injured worker has to be held out of work by the treating physician for the state’s designated waiting period before workers comp weekly indemnity benefits begin.  The second is that the injured worker must be out for a certain number of days (calendar or workdays) to receive the waiting period.  For example, a 7-day waiting period means the injured worker will start being eligible for benefits on the 8th calendar day.  If the injured worker remains out of work for 21 days, then the waiting period is also paid.  Each state has its own waiting period, so the answer to the second question is that there is no usual waiting period length.
2. The highest workers compensation benefit rate (think maximum) is in what state?  Washington State has the highest Workers Comp weekly maximum benefit = $2337.64.
3. What is a monopolistic state for Workers Comp? In a monopolistic state, the law requires that companies in that state purchase workers compensation coverage from the government. Private insurers cannot write policies in these states.
   

4. What insurance personnel will be replaced by AI – not just WC?  This answer refers to more of an opinion, as the articles on this website all say no insurance workers will be replaced by AI.  Allianz has recently decided to use AI to replace any future workers.  With my IT background, I would forecast that AI will enhance job performance, possibly not replace insurance workers.
5. Are most workers comp premium audits performed in person?  If not, what is the most common type of payroll audit called? With the advent of video and easier data exchange, hybrid premium audits likely remain popular for many years in the future.  Many insurance carriers provide their WC policyholders with a portal for uploading the info requested by the premium auditor.  Very few insurance carriers perform in-person premium audits.
6. Where can one find the quickest method to increase their Workers Compensation knowledge and other insurance lines?  Designations may still be the best way to increase one’s insurance knowledge.  The Institutes provides many designations.  Many insurance carriers and TPAs have tuition reimbursement programs for attaining a designation.  The second one that may be easier to increase your Workers Compensation knowledge is provided in the CEUs to obtain or renew your insurance license.  Try taking courses outside of WC such as automobile liability and others.   Check with your home or designated listings of courses and providers.
7. Which state had the first fully functioning Workers Comp system?  – Not a trick question, but not easy to answer.  Wisconsin 1911.
8. Which state(s) allow employers of all sizes to opt out of the Workers Comp system? Texas allows employers to opt out of WC.  Oklahoma tried this concept for a few years, but decided to go with more of a traditional system.
9. Which country started its own Workers Comp system? What year did this country start its unique Workers Comp system?  Ancient Sumeria, 4100 to 1750 BCE
10. Name the two largest Workers Comp insurance rating bureaus in the US?  In what cities are their headquarters located?  NCCI – Boca Raton, FL and WCIRB – San Francisco.
11. Bonus Workers Compensation knowledge question –Is the number of Workers Comp injuries increasing or decreasing each year?  Frequency has been decreasing over the last 20 years.   California has experienced a recent uptick in claims.
12. One more bonus question – What is the source of the highest number of employment fatal injuries each year?  Transportation incidents continue to be the most frequent type of fatal event, accounting for 38.2 percent of all occupational fatalities in 2024.

If you wish to see any of the old quizzes, check out this search.  Hint: some of the answers to the above questions could be found there.  I will add the answers in another article by adding to this article next week.  So much workers compensation knowledge to explore.