Your workers' compensation policy provides benefits for employees if they get injured on the job or suffer from a work-related illness. Health insurance helps pay your medical expenses for non-work related injuries or illnesses. As a business owner, you can offer health insurance as a part of your benefits package for employees. If you do offer this type of benefit, you can choose to pay the entire premium for them, or just part of it. Your employees can also decide to get private health insurance on their own. Learn more about The Difference Between Workers’ Compensation and Health Insurance.