Workers’ Compensation Insurance – Glossary of Terms: U – Z

UPD: University-Paid Disability

Vocational Rehabilitation (VR): Vocational rehabilitation generally includes a melting pot of services that are offered to injured employees to help them return to work following a work injury. VR may involve transferable skills assessments, educational courses, job search assistance, and many other vocational aids. Vocational rehabilitation is sometimes also referred to as “occupational rehabilitation.”

Voluntary Compensation: An endorsement to the standard Workers’ Compensation insurance policy which extends coverage to employees not required to be covered under the state’s statutory Workers’ Compensation provisions.

Voluntary Market: Workers’ Compensation insurance written outside of the Assigned Risk Plan.

VRC: Vocational Rehabilitation Counselor

WCAB: Workers’ Compensation Appeals Board

WCO: Workers’ Compensation Office

WCU: Workers Compensation Unit

Workers’ Compensation: Formerly known as Workman’s Compensation. A series of statutory systems enacted by states and other jurisdictions of the United States obligating employers to pay specified benefits to workers who are injured, made ill, or killed in the course of their employment. Many jurisdictions allow employers to purchase insurance policies to meet these statutory obligations. In many other countries, Workers Compensation is handled by government agencies.