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Florida and Iowa Workers Compensation News

FLORIDA Victims Receive Workers’ Compensation Payments

Tuesday turned  out to be a pay day for four Florida residents who were victims of a $2 million workers’ compensation fraud scam.  The four were presented checks after not receiving insurance benefits for their work-related injuries because their employers did not carry workers’ compensation insurance.

According to  Department of Justice attorneys the scam began eight years ago when companies claiming to offer workers’ compensation insurance collected millions of dollars in premiums from employers.

When government  inspectors tried to verify the businesses had coverage for their employees, they discovered the insurer was a fraud, leaving millions of workers uninsured.

All told,  14 people were arrested in the scam and millions of dollars worth of property was seized. The liquidation of those assets is funding the checks for the victims. (workersxzcompxzkit).

Under current  Florida law, workers’ compensation insurance fraud is a second-degree felony.

IOWA Increases Worker’ Compensation Benefits Starting in July

Maximum weekly benefits  paid to Iowa workers injured on the job will increase beginning on July 1, 2009.  On that date, the workers’ compensation maximum weekly benefit for temporary total disability, healing period, permanent total disability and death will rise to $1,413. For permanent partial disability, the weekly maximum will be $1,300.

Author:  Robert Elliott, J.D. 

Click on these links to try it for yourself.
WC Calculator: www.ReduceYourWorkersComp.com/calculator.php
TD Calculator: www.ReduceYourWorkersComp.com/transitional-duty-cost-calculator.php
WC 101: www.ReduceYourWorkersComp.com/workers_comp.php
Do not use this information without independent verification. All state laws are different. Consult with your corporate legal counsel before implementing any cost containment programs.

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