Answering What Are The Benefits Included In Worker’s Compensation?...
Initially, injured employees must fulfill the eligibility requirements for worker’s compensation benefits. The first type of benefits they receive is cash payments. However, to receive these benefits, their injury must last longer than seven days. When this is the case, they could receive cash benefits beginning on the initial day they were unable to work. Calculating Cash Benefits What are the benefits included in Worker’s Compensation? To answer this question, in terms of cash benefits, the insurer calculates this value based on the wages the worker would receive if they were able to work. Next, they arrive at a value based on the disability percentage assigned to their disability. For example, any workers that receive $400 in wages each week and are 100 percent disabled receive $266.67 weekly in cash benefits. Next, the insurer...
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