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Go to Page 2 OCR 701 Reset Print NOTICE OF COMPENSATION PAYMENTS Michigan Department of Licensing and Regulatory Affairs Workers Compensation Agency P.

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How to use or fill out the Ocr 701 Form online

The Ocr 701 Form is essential for reporting compensation payments related to workers' compensation in Michigan. This guide will provide you with a clear, step-by-step approach to filling out the form online, ensuring you have all necessary information at hand for a smooth submission process.

Follow the steps to complete the Ocr 701 Form effectively

  1. Click the ‘Get Form’ button to obtain the Ocr 701 Form and open it in the editing interface.
  2. Fill in Part A, which includes basic information such as the employee's Social Security number, date of injury, and personal details like name and address. Make sure this information is accurate.
  3. Continue to enter employer details including employer name and address in the relevant sections. Ensure that the federal ID number and insurance information are complete.
  4. In Part B, detail the nature of the injury, average weekly wage, and any second employer information if applicable. Pay attention to the fields related to discontinued fringes.
  5. Move to Part C where you determine and input the reason for filing and calculate the weekly compensation base rate. Include any adjustments that may apply.
  6. In Part D, provide thorough information on the basis of payment, the total weekly rate, and any special payment details. Be mindful to certify that a copy of this form has been provided to the employee.
  7. Complete Part E by coordinating benefits from other sources such as pension or unemployment compensation. Make sure to enter calculations accurately.
  8. Finalize your form by reviewing all entries for correctness. Once completing your review, you can save changes, download for personal records, print, or share as needed.

Complete your Ocr 701 Form online today for efficient processing!

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Any business with one or more employees is required to carry workers' compensation insurance in Michigan. This policy provides medical benefits for work-related injuries.

These Michigan workers' comp documents automatically be sent to the employer and its insurance carrier. The Form WC-701 is used to report to the Workers' Disability Compensation Agency payment of weekly comp benefits made to the employee. It has the date of injury, part of body impacted, and nature of the injury.

Q. Must my business purchase workers' compensation insurance? A. The law requires that every employer subject to the Act must provide some way of assuring that it can pay benefits to its workers should they become injured.

There are a few classes of workers who are covered by federal laws and are not covered by the Workers' Disability Compensation Act of Michigan. Employees of the federal government (such as postal workers, employees at a veterans administration hospital, or members of the armed forces) are covered by federal laws.

The good news is no, you do not lose your benefits if you are fired. Your workers' compensation benefits do not end whether your employer has fired you or laid you off. The law requires that you continue to receive wage loss payments and medical benefits through your former employers' insurance company.

Any business with one or more employees is required to carry workers' compensation insurance in Michigan. This policy provides medical benefits for work-related injuries.

Corporations, limited liability companies and partnerships must either have a workers' compensation policy or a Notice of Exclusion Form, WC-337, on file with this office. The owner(s) are considered an employee(s) of the business.

A self-employed person is generally not subject to workers' comp law. However, they may have employees who are covered and would be required to pay workers' comp benefits if a workplace accident occurs. For this reason alone, it is a good idea for a sole proprietor to get workers' comp insurance in Michigan.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Ocr 701 Form
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