Workers Compensation Exam Questions and Answers, Exams of Compensation and Reward Management

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Assumption of Risk - correct answer ✅Common law defense to Workers Compensation claims that allow employers to deny liability on the basis the employee knew the work conditions prior to employment and assumed all the risk of employment. Average Weekly Wage - correct answer ✅This is the computation used to determine lost wages in Workers Compensation. It is calculated by taking the average weekly wage of an employee for the preceding 13 weeks from the date of injury and dividing that number by 13. Compensable Injury - correct answer ✅An accidental, workplace injury or disease that is covered by Workers Compensation insurance. Competitive - correct answer ✅Workers Compensation jurisdiction/state where Workers Compensation insurance is available through multiple sources, including a state fund and/or private insurers. Compulsory - correct answer ✅Workers Compensation jurisdiction/state where there is a mandatory requirement for

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Workers Compensation coverage to be provided by employers to its employees/workers. Contributory Negligence - correct answer ✅Common law defense to Workers Compensation claims that allow employers to deny liability on the basis that the employee was partially at fault and not eligible to recover for their injuries. Defense Base Act - correct answer ✅Federal Workers Compensation legislation that protects and compensates injured workers on military bases outside of the U.S. Also includes workers on public work contracts for construction or services involving any U.S. government agency or in connection with national defense. Elective - correct answer ✅Workers Compensation jurisdiction/state where employers have the option to provide Workers Compensation coverage to its employees/workers. If an employer does not elect to provide Workers Compensation coverage, an injured employee may file a claim or lawsuit against the employer to receive compensation for injuries.

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Employers Liability Insurance - correct answer ✅Coverage that pays sums employers are legally obligated to pay for injuries where Workers Compensation insurance does not apply. Federal Employees Compensation Act - correct answer ✅Federal Workers Compensation legislation that protects and compensates federal service employees for job-related injuries. Federal Employers Liability Act (FELA) - correct answer ✅Federal Workers Compensation legislation that protects and compensates railroad workers that are injured on the job. Fellow Servant Rule - correct answer ✅Common law defense to Workers Compensation claims that allow employers to deny liability on the basis that a fellow employee caused the injured employee's injuries and, therefore, the employer could not be held liable. Jones Act or Merchant Marine Act of 1920 - correct answer ✅Federal Workers Compensation legislation that protects and compensates injured sailors while on working on vessels due to the negligence of their employer.

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Monopolistic - correct answer ✅Workers Compensation jurisdiction/state where Workers Compensation insurance is only available through a state fund. Workers Compensation insurance cannot be obtained through any other sources. Permanent Partial - correct answer ✅A disability income benefit where an injury occurs, that allows a worker to perform some job functions, but doesn't allow the worker to fully recover. Permanent Total - correct answer ✅A disability income benefit where an injury occurs, from which a worker will not recover, and prevents a return to work for the worker's entire life. Scheduled Benefits - correct answer ✅A disability income benefit where a list of permanent partial injuries, such as the loss of an eye, arm, leg, etc. are designated a specific dollar amount. Subsequent Injury Fund - correct answer ✅A fund that holds deposits of compensable death benefits where there is no legal beneficiary or where a claim for death benefits are not timely made.

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Temporary Partial - correct answer ✅A disability income benefit where an injury occurs, that allows a worker to perform some job functions, but doesn't allow a full return to work until the worker fully recovers. Temporary Total - correct answer ✅An injury, from which a worker is expected to fully recover, but is unable to work during recovery. For example, a worker that experiences a chemical spill to his/her eyes that causes temporary blindness, would be considered a temporary total disability. U.S. Longshoremen and Harbor Workers' Compensation Act - correct answer ✅Federal Workers Compensation legislation that protects and compensates injured workers who load, unload, build, or repair shipping vessels. Workers Compensation - correct answer ✅A system that pays for medical and rehabilitation expenses, lost wages and death benefits to workers or their dependents for injuries or diseases that are incurred on the job.