{"id":14426,"date":"2023-08-18T12:14:45","date_gmt":"2023-08-18T16:14:45","guid":{"rendered":"https:\/\/gtm.com\/business\/?page_id=14426"},"modified":"2026-05-07T17:27:17","modified_gmt":"2026-05-07T21:27:17","slug":"workers-compensation-businesses","status":"publish","type":"page","link":"https:\/\/gtm.com\/business\/workers-compensation-businesses\/","title":{"rendered":"Workers&#8217; Compensation Insurance for Businesses"},"content":{"rendered":"\n<div class=\"et_pb_section_0 et_pb_section et_section_regular et_block_section\"><div class=\"et_pb_row_0 et_pb_row et_pb_row_3-4_1-4 et_block_row et_block_row_3-4_1-4\"><div class=\"et_pb_column_0 et_pb_column et_pb_column_3_4 et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_0 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module preset--module--divi-text--default\"><div class=\"et_pb_text_inner\"><p>Workers\u2019 compensation insurance, a no-fault system that provides wage replacement benefits and lifetime medical care for work-related injuries and illnesses, is mandatory for most New York State employers of one or more employees.<\/p>\n<p>Workers\u2019 compensation insurance covers:<\/p>\n<ul>\n<li>Health care related to an employee\u2019s injury<\/li>\n<li>Cash benefits of two-thirds of an employee\u2019s average weekly wage, up to a maximum<\/li>\n<li>Travel expenses to and from health care appointments<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2>Why You Should Obtain Workers\u2019 Compensation through GTM<\/h2>\n<p>GTM Payroll Services offers workers\u2019 comp for our clients\u2019 convenience. Our affiliate, <a href=\"https:\/\/gtminsurance.com\/business-insurance\/workers-compensation\/\">GTM Insurance Agency<\/a>\u200b, can help employers obtain workers\u2019 compensation insurance.<\/p>\n<p>As a broker, GTM Insurance Agency works on your behalf to shop quotes from various carriers to provide you with the most competitive and pre-qualified options.<\/p>\n<p>GTM also offers pay-as-you-go (PAYGO) workers\u2019 compensation solutions. This innovative premium payment method presents small businesses with enhanced cash flow benefits and flexibility.<\/p>\n<p>By switching from the conventional upfront lump-sum premium model to PAYGO, employers can now conveniently make more frequent, proportionate workers\u2019 compensation premium payments based on their real-time payroll data, empowering them to better manage their finances and optimize cost management. This also eliminates premiums based on projected payrolls for the policy term, which can lead to overestimations or underestimations and surprise costs at the end of the policy period.<\/p>\n<p>Payroll integration enables automatic and real-time reporting of payroll data to the insurance carrier. As a result, employers no longer need to manually submit payroll data, reducing administrative burdens and the likelihood of errors.<\/p>\n<p>Other benefits include streamlined administration, reduced costs, enhanced compliance and reporting, and simplified claims processing and risk management.<\/p>\n<\/div><\/div><div class=\"et_pb_module et_pb_button_module_wrapper et_pb_button_0_wrapper\"><a class=\"et_pb_button_0 et_pb_button et_pb_bg_layout_dark et_pb_module et_block_module\" href=\"https:\/\/gtminsurance.com\/business-insurance\/workers-compensation\/\" target=\"_blank\">Visit GTM Insurance<\/a><\/div><\/div><div class=\"et_pb_column_1 et_pb_column et_pb_column_1_4 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_1 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module preset--module--divi-text--default\"><div class=\"et_pb_text_inner\"><p>&nbsp;<\/p>\n<h5><span style=\"color: #58c10a;\"><strong>Free Brochure<\/strong><\/span><\/h5>\n<p><a href=\"https:\/\/gtm.com\/business\/wp-content\/uploads\/2026\/03\/GTM-Customized-Insurance-Policies-Employee-Benefits.pdf\">Customized Insurance Policies and Employee Benefits<\/a><\/p>\n<p><a href=\"https:\/\/gtm.com\/business\/wp-content\/uploads\/2026\/03\/GTM-Customized-Insurance-Policies-Employee-Benefits.pdf\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-14493\" src=\"https:\/\/gtm.com\/business\/wp-content\/uploads\/2023\/08\/insurancebrochure-242x300.png\" alt=\"gtm insurance agency\" width=\"178\" height=\"220\" \/><\/a><\/p>\n<\/div><\/div><div class=\"et_pb_module et_pb_button_module_wrapper et_pb_button_1_wrapper\"><a class=\"et_pb_button_1 et_pb_button et_pb_bg_layout_dark et_pb_module et_block_module\" href=\"https:\/\/gtminsurance.com\/get-a-quote\/\" target=\"_blank\">Get a Quote<\/a><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":7,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"folder":[264],"class_list":["post-14426","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/pages\/14426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/comments?post=14426"}],"version-history":[{"count":6,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/pages\/14426\/revisions"}],"predecessor-version":[{"id":18682,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/pages\/14426\/revisions\/18682"}],"wp:attachment":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/media?parent=14426"}],"wp:term":[{"taxonomy":"folder","embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/folder?post=14426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}