What is required of employers who voluntarily choose to subscribe to the Workers' Compensation Fund?

Employers who voluntarily choose to subscribe to the Workers' Compensation Fund are required to pay premiums into the fund. This requirement ensures that there are sufficient funds available to cover the medical expenses and wage loss benefits for employees who may become injured or ill as a result of their work-related duties. By paying these premiums, employers are participating in a system designed to protect both employees and themselves, as it limits their liability for workplace injuries while providing employees with necessary support.

The payment of premiums is a crucial aspect of the workers' compensation system, serving to fund the benefits that injured workers receive. This financial contribution is mandatory for those employers opting into the fund, reinforcing the responsibility they have to ensure a safety net for their employees.

Other options provided do not align with the requirements established for employers within the workers' compensation framework. Reporting injuries to the media is not a requirement, as confidentiality and appropriate reporting channels are paramount. Ignoring the rules set by the Commission would not be permissible, as compliance is fundamental to maintaining participation in the fund. Additionally, being exempt from further reporting contradicts the accountability measures designed to track workplace injuries and ensure proper claims handling.