26: Which of the following statements regarding Workers' Compensation is CORRECT? B usinesses can purchase workers' compensation insurance from a private company or it purchase such coverage directly from the state.,Workers' Compensation is regulated by the Department of Labor.,Workers' compensation covers only an employee's medical expenses, but does not requi businesses to cover an employee's lost income while disabled.,Coverage applies to job-related illness, injury or disability that occurs while working, and f such claims that occur outside of one's employment