Get NY C-72.1 2012-2024

Of all the terms you'll encounter during the New York workers' compensation process, maximum medical improvement, or MMI, could be one of the most important. MMI means that you've reached a point where your doctor says your work-related injury or occupational illness has improved as much as it's going to.

Workers' Compensation coverage is not required if the business is a one or two person owned corporation, with those individuals owning all of the stock and holding all offices of the corporation (each individual must hold an office and own at least one share of stock).

The employer and their insurance company want to pay the injured worker as little as possible. Once MMI is reached, the injured employee must choose between a final lump sum settlement or ongoing benefits. If they are offered a settlement, they must sign a release, forfeiting their rights to any future claims.

For calendar year 2022, the rate shall be 10.2% of the standard premium or premium equivalent.

Form C-43: Revocation of Written Authorization.

A 0% MMI rating means that you have fully recovered, while anything above indicates a reduction in functionality. The reason for an MMI rating is to allow the DWC to assign a value to your claim. The higher your MMI rating, the more compensation you are entitled to receive.

MMI stands for Maximum Medical Improvement. It is defined as the point at which an injured worker's medical condition has stabilized and further functional improvement is unlikely, despite continued medical treatment or physical rehabilitation.

The condition in which the employee has reached a state of maximal medical improvement is called: permanent and stationary. The CMS-1500 is the standard form for billing disability claims.