We Offer Free Consultations    CONTACT US

Maximum Benefit Rates for Colorado Workers' Compensation – 2014-2015 Fiscal Year

Every year, maximum rates for a host of workers' comp wage loss benefits change. These rates are set by the Colorado Division of Workers' Compensation and are effective throughout the state's fiscal year, which runs from July 1st to June 30th.

Weekly limits cover the following types of workers' comp, or wage loss benefits:

  • Temporary Total Disability Benefits
  • Temporary Partial Disability Benefits
  • Permanent Total Disability Benefits
  • Death Benefits

For injuries occurring between July 1, 2014 and June 30, 2015, the maximum amount you can be paid for the wage loss benefits listed above is $881.65 per week, or 91% of the state's average weekly wage of $968.87. Workers' comp statutes in Colorado stipulate the maximum benefit shall be 91% of the average weekly wage in the state.

To be eligible for the maximum amount, a worker must have earned at least $1322.48 per week at the time of their injury. According to statute, workers are to receive no more than 2/3 of their average weekly wage.

Payments for wage loss benefits are typically disbursed on a bi-weekly basis.

Besides weekly wage loss payments, maximum amounts are also adjusted for a host of other benefits tied to the state's average weekly wage. Below are some of these benefit caps for 2014-2015.

  • Scheduled Impairment Rate - $277.03 per week
  • Maximum Limit for Disfigurement - $4673.47
  • Maximum Limit for Extensive Scars or Loss of Limb - $9345.38

In addition to these caps, the Colorado Division of Workers' Compensation also adjusted total caps for wage loss benefits for injuries occurring on or after July 1, 2014. These limits include:

  • Impairment Rating of 25% or less - $81,435.67
  • Impairment Rating of over 25% - $162,869.38

For medical benefits related to your injury, there are no caps. Employers and insurers are required to pay all related expenses to treating and helping you recover from your work injury.

To learn more about other limits to workers' comp benefits (…excluding rates we discuss here), check out our page on benefit limitations or download our comprehensive (PDF) Colorado Workers' Compensation Guide for complete information on benefits, claims, etc. today.

Continue reading these related articles for more information…

Talk with Us Today – a Free, No-Risk Consultation

Discuss the details of your claim with a Colorado Workers' Compensation lawyer at The Babcock Firm today. No matter where you are in the state of Colorado, if your case falls within our practice area and we feel our representation can benefit you, an attorney will conduct an in-depth consultation at no charge. We are here to help you secure a successful outcome. Contact us today and learn more about how representation works.

Disclaimer

While the Babcock Law Firm tirelessly works to obtain successful outcomes for its clients, prior positive outcomes are no guarantee of future success. Indicating prior positive results is in no way intended to guarantee future results.

Related Articles From our blog
utility worker injured on the job
Does Workers’ Comp Cover Pre-Existing Injuries Worsened by Employment?

When you’re injured on the job, you can receive benefits […]

image of a workers’ comp morning commute on the interstate
“Does Workers’ Compensation Cover My Drive To and From Work?”

Colorado employers are responsible for providing workers’ compensation benefits to […]

How and when Colorado workers are injured on the job
How Do Colorado Workers Get Hurt?

A recent study by Pinnacol Assurance, a workers’ compensation insurance […]


Client Testimonials


5-star review image
Thank You!
Workers Compensation  |  Lakewood
Retained prior to shoulder surgery to address issues with concurrent employment and wage loss benefits. Settlement negotiated at the end of case.
2016-11-11
"I'm glad I decided to call your law firm and thank you from the button of my heart! "
Herman or Jo, Verified Customer
5-star review image
Dedicated; Amazing; Personal; Professional; Law Firm
Workers Compensation  |  Westminster
Retained for representation after injured worker put at maximum medical improvement with no impairment. Pursued a favorable Division Independent Medical Evaluation (DIME) and obtained a financial settlement for client.
2016-07-09
"Professional,dedicated & go above & beyond.Take the time to make sure you understand.Go over the routes you ..."
Beth, Verified Customer
5-star review image
Excellent, Stress Free Experience
Workers Compensation  |  Longmont
Retained to negotiate settlement for worker who was terminated when he was injured.
2017-09-03
"I am very happy with how my case went. I went through the facts of the case once ..."
Tony, Verified Customer

Read All Reviews

Schedule your free consultation with our attorney. No cost - No commitment.