The Texas Workers’ Compensation Fraud Poster is an essential tool for any employer’s fraud prevention program. The poster provides examples of common forms of workers’ compensation fraud and describes the penalties for violating the law.
Workers’ Compensation fraud hurts both businesses and employees. High claim rates can cause workers’ compensation premiums to rise, forcing employers to slow hiring and cut back on employee benefits such as raises and health insurance benefits. Employees may believe that it’s okay to tell a “white lie” in regards to a workers’ compensation claim, but doing so can expose them to high penalties and even imprisonment.
Informing employees of prohibited conduct and the consequences of breaking the law can help deter fraud and encourage fraud reporting. The Texas Workers’ Compensation Fraud Poster is designed to help employees become aware of common forms of Worker’s Compensation fraud and the consequences for making fraudulent statements relating to a workers’ compensation claim.
Violation of the Texas Workers’ Compensation Act is a class A misdemeanor if the value of the benefits is less than $2,500, and a state jail felony if the value of the benefits is $2,500 or more.
Fraud may be reported to the Texas Department of Insurance Division of Workers’ Compensation.