Workers' compensation is designed to protect workers and their families from the economic hardships that can arise from workplace injuries. It provides a no-fault insurance system that ensures injured workers receive necessary medical care and compensation for lost wages. The specific benefits and regulations surrounding workers' compensation can vary by jurisdiction but generally include coverage for medical expenses, rehabilitation costs, and payment for a portion of lost wages. Workers' comp laws also specify the rights and responsibilities of both employers and employees in the event of a work-related injury.