Each year, the Colorado Workers’ Compensation agency updates the maximum compensation amounts for various workers’ comp benefits. These guidelines are effective from July 1, 2010 through June 30, 2011.
Essentially, maximum workers’ compensation benefits mean the most you will receive in temporary total disability, temporary partial disability, permanent total disability, and/or death benefits in the event of an on-the-job injury.
Up until July 1st, the maximum weekly wage an injured worker could receive for these types of benefits was $807.24. This amount increased to $810.67 per week on July 1st. To qualify for the maximum benefit rate, an injured worker has to earn at least $1216 per week.
Colorado workers’ compensation laws stipulate that the maximum benefit shall be 91% of the state’s average weekly wage.
Benefits are to be paid at a minimum of once every two weeks.
Other guidelines in the advisory released on July 1st include:
- Scheduled Impairment Rate: $255.13 per week
- Bodily Disfigurement: $4304.00 lump sum maximum and up to $8608.00 for extensive facial or body scars, burn scars or stumps resulting from a loss of limb
- Funeral and burial benefit: $7000.00 (applicable to occurring on or after 2/1/2000)
See the actual Colorado workers’ compensation agency advisory for more information.
Have you suffered an on-the-job injury and experiencing difficulty in obtaining the benefits you’re entitled to? Contact Denver workers’ compensation attorneys at the Babcock Law Firm today for a free consultation.