2. qualifying as an approved self-insured employer and posting a surety bond or a letter of credit with the state
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“How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact”
Temporary Total Disability Benefits:
Temporary Partial Disability Benefits:
Permanent Partial Disability Benefits:
If the employees injury is designated as a catastrophic injury, the employee can draw indemnity benefits for life.
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Author Rebecca Shafer, JD, President of Amaxx Risks Solutions, Inc. is a national expert in the field of workers compensation. She is a writer, speaker and website publisher. Her expertise is working with employers to reduce workers compensation costs, and her clients include airlines, healthcare, printing/publishing, pharmaceuticals, retail, hospitality and manufacturing. See www.LowerWC.com for more information. Contact: RShafer@ReduceYourWorkersComp.com or 860-553-6604.
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Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker or agent about workers comp issues.
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Your article on workers’ compensation goes surprisingly in-depth on the matter, making the process far more comprehensible. I have been doing research on the process of obtaining workers’ compensation, and the point of interest to me is the Permanent Partial Disability Benefits, which are paid due to any permanent disability suffered while on-the-job. I will look further into the process of getting workers’ benefits in the case I am harmed at work.