What is the role of workers compensation insurance?

Workers' compensation insurance is specifically designed to provide benefits to employees who suffer job-related injuries or illnesses. This insurance helps cover medical expenses, rehabilitation costs, and lost wages due to time away from work that results from these job-related issues.

The core purpose of workers' compensation is to ensure that employees receive necessary care and financial support without having to prove fault or negligence on the part of either the employee or employer. This system promotes a safer workplace by incentivizing employers to prioritize employee safety and health.

Other options pertain to different areas of employee benefits. For instance, maternity leave is a benefit related to childbirth and not typically covered under workers' compensation. Health insurance is a separate benefit plan that addresses a range of medical needs but is not limited to job-related incidents. Finally, retirement plans are designed for providing income during retirement rather than addressing current workplace injuries. Thus, the role of workers' compensation distinctly and specifically focuses on job-related injuries and their associated impacts, making it the correct choice.