Colorado Objection to Petition to Modify for Workers' Compensation
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FAQ
In Colorado, employers with one or more full- or part-time employees must have workers' compensation insurance, which covers work-related injuries and illnesses regardless of fault. In exchange, the employee gives up the right to file a lawsuit against the employer.
Workers Compensation Calculator Most often, benefits are calculated and paid based on the average weekly wage. This is calculated by multiplying the employee's daily wage by the number of days worked in a full year. That number is then divided by 52 weeks to get the average weekly wage.
Other Benefits People Viewed To file a claim online or to check the status of your claim, please visit, Colorado's UI online claims portal.
Workers' compensation insurance provides medical and lost wage benefits to workers who are injured on the job. Unemployment benefits may be available to workers who have lost their job through no fault of their own. A worker does not have to be injured to collect unemployment benefits.
The initial processing time for a claim takes four to six weeks; then if it is determined you qualify to receive payment, you are paid every two weeks from a fund paid by employers. The first payment you may receive is postponed by one week's worth of payment, called the waiting week.
If you are completely unable to work, you will be paid temporary total disability benefits. These benefits are two-thirds of your average weekly wage, up to a maximum amount set by law each year. As of July 1, 2017, the maximum benefit is $948.15 per week.
Colorado, like other states, places a statute of limitations on workers' compensation claims. These claims allow you to seek compensation from your employer's insurance company if you are hurt on the job. In most cases, injured workers in Colorado have two years from the date of an accident to do file their claims.
Colorado employers are required to carry workers' compensation insurance if they have one or more employees. This applies to all employers, regardless of whether the employees are part-time, full-time, or family members. Anyone who gets paid for the work they perform is presumed to be an employee.
The average cost of workers' compensation insurance in Colorado is $0.95 per $100 in earnings. This rate is among the lower rates in the US. It compares well with California at about $2.75 per $100 earnings.