Colorado Workers' Compensation Act
During the early 1900s, state legislatures recognized the need for a system of workers’ compensation insurance. As a result of the Industrial Revolution, work-related injuries rose dramatically, in both number and severity. Civil lawsuits against employers took years to settle and employees often ended up depending on welfare or the charity of others.
In 1915, the Colorado General Assembly passed the Colorado Workers’ Compensation Act. Employers were mandated to cover medical care and provide wage replacement for injured workers; in exchange for this protection, worker’s compensation became the exclusive remedy for workers injured on the job. Workers’ compensation protects your business from unnecessary lawsuits and your employees from financial difficulty.