National Workers’ Comp Adjuster Day 2023: Date, History, Facts about Insurance

National Adjuster for Workers’ Compensation Day is observed on August 17. This is an official day for workers’ compensation adjusters. It is a day to honour those whose efforts have a substantial impact on the quality of life of people with disabilities and their families. Their work is typically arduous and unappreciated. It is a day of celebration for both workers’ compensation adjusters and those who value and respect their profession.

There is no proper method of celebration. Nevertheless, creating souvenirs, humorous awards, and virtual postcards has become a tradition.

The background of National Workers’ Comp Adjuster Day

If you are injured on the job, your employer and their insurance company should act promptly to help you obtain the necessary medical care and maintain your income. The workers’ compensation claims administrator is the individual who facilitates and coordinates the injured employee’s claim. In other terms, the workers’ compensation adjuster is an insurance company claims specialist. One of their most essential responsibilities is to evaluate the claim and determine the cost to the insurer. In the majority of cases, they are under immense pressure to minimise the cost of the claim.

Typical responsibilities of the adjuster include analysing employees’ compensation claims, examining documentation, and authorising payments. When a worker is injured on the job or becomes ill due to hazardous working conditions, he or she may file a claim for compensation to cover medical expenses and lost wages. The adjuster is responsible for determining whether the compensation is acceptable and, if so, the appropriate amount. The sooner an employee returns to work, the less compensation he or she will be required to pay. Therefore, the insurance company will be concerned with the employee’s speedy recovery so that their life can return to normal as quickly as feasible.

National Workers’ Compensation Adjuster Day was created to honour these unsung heroes who make crucial decisions that ultimately enhance the quality of life for people with disabilities, but who are never recognised for their dedication to the well-being of affected workers and their families.

5 insurance facts that will blow your mind

America Ferrera’s sponsor Aquafresh has insured her appearance, including her teeth and gums.

Although insurance can be traced back to ancient civilizations, the first insurance contract was signed in Genoa, Italy, in 1347.

Gene Simmons, the bassist for the 1970s rock band KISS, has insured his tongue for $1,000,000.

In 1920, silent film icon Ben Turpin began the trend of insuring body parts by purchasing a $25,000 policy.

Over time, the term evolved into ‘assurance’ and subsequently ‘insurance’ with its current connotation.

NATIONAL WORKERS’ COMP ADJUSTER DAY DATES