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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