Workers Comp & The Sharing Economy: What Gives?

Written by on 9/28/2016 3:05 AM in , , . It has 1 Comments.

The sharing economy grows daily, with peer-to-peer marketplaces such as Uber, Lyft, TaskRabbit, HomeJoy, Instacart, and Postmates gaining workers daily. A bastion of hope for those unemployed or underemployed in today’s undoubtedly interesting economy, how are these individuals handled by such platforms when on-the-job injuries occur? Often in the dark on the intricacies of workers comp insurance until such injuries occur, many do not realize the true price of the sharing economy’s perceived freedom until it’s too late.

Unexpected risks

Car-service apps are frequently in headlines involving violent assaults. However, with other industries affected by slip-and-fall or more mundane repetitive-use injuries, all resulting in lost income and medical costs for workers, who pays?

A convoluted employment scenario

Workers comp insurance as it was designed decades ago fits much like a square peg into the round hole of today’s rapidly mutating sharing economy business model. Naïve to the arrangement, workers realize their classification as independent contractors far too late, and as such, without medical, workers comp, and paid sick leave protections. Conversely, this also leads to worker misclassification lawsuits as well as uncapped lawsuits for damages should businesses be found liable of any wrongdoing (such as assigning known violent clients), when providing workers comp coverage would have protected them from such risks.

Looking to the future

Instead of worker misclassification lawsuits, the future is likely to behold changes in the protections required to be provided for independent contractors, or the possible decoupling of health and workers comp insurance from employers into the hands of workers, much like yesteryear’s pension-plans.

Lost in a sea of workers comp insurance confusion? Minnesota Comp Advisor can help. Contact us today.


Got something to say? Join the discussion »
  1. xiuying23's avatar xiuying23 balenciaga shoes true religion jeans pandora rings air jordan harden vol 2 michael kors bags moncler jacket womens valentino heels lebron james shoes nike air max 90 Pandora Rings chrome hearts bracelet ralph lauren polo shirts swarovski necklace moncler jimmy choo heels air max 97 christian louboutin true religion jeans men ralph lauren shirts fitflop shoes nike vapor max curry shoes huarache Salomon Speedcross 3 nmd mbt mcm wallet goyard backpack adidas yeezy air max 95 mens oakley eyeglasses nike air max 270 men nike air max 90 red bottom shoes pandora rings birkenstock sandals ray ban glasses lebron shoes jordan 11 space jam nike air max 95 skechers outlet space jam 11 coach purses pandora rings puma fenty asics womens running shoes fitflop sandals fitflop sandals chrome hearts ring under armour longchamp backpack jordan retro 11 salomon boots nike air max nike shoes nike air max 2018 jordan 11 space jam yeezy boost 350 v2 pandora bracelet moncler coat womens north face jacket ray ban aviator sunglasses lacoste polo shirts mont blanc salomon boots nike air max 270 jordan retro 11 uggs on sale kate spade handbags nike vapor max uggs for men kate spade handbags mulberry bag birkenstock shoes louboutin salvatore ferragamo shoes air max 97 silver bullet pandora red bottom shoes ed hardy clothing nike vapormax ugg,ugg slippers supreme shoes adidas nmd r1 pandora rings pandora kyrie 4 Yeezy Hermes Belts balenciaga shoes adidas ultra uncaged polo ralph lauren nike air max 97 celine wallet pandora jewelry official site moncler coat adidas nmd r1 adidas superstar shoes fitflop shoes pandora Charms nike air max 97 asics womens shoes burberry scarf curry 4 air max 90 kd 9 kyire 4 skechers shoes prada bags chrome hearts clothing huaraches pandora,pandora charms nike kd moncler coat ugg slippers kd 10 pandora rings nike air max 95 goyard backpack kate spade cartier love ring womens north face jacket longchamp backpack bvlgari ring oakley glasses salomon speedcross 3 ultra boost mens barbour coats yeezy boost 350 v2 yeezy shoes supreme clothing ray ban sunglasses adidas ultra boost prada handbags yeezy boost 350 ray ban glasses coach wallet ecco ralph lauren polo shirts yeezy shoes vapormax moncler coat michael kors handbags skechers shoes mulberry bayswater hermes belt men adidas nmd womens nike air max 90 air max 95 adidas trainers ferragamo shoes swarovski pen mcm wallet burberry scarf new balance golf shoes barbour outlet burberry
    Reply 8/2/2018 3:14 PM

Leave a Reply

 [Quick Submit with Ctrl+Enter]

Remember my details
Notify me of followup comments via e-mail