Virgin Islands Checklists - Worker's Compensation Claims

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Workers' Compensation Laws are laws passed by state legislatures that compensate employees for work-related injuries or illnesses. Any employee injured on the job within the scope of his employment is entitled to workers' compensation benefits. This is true even if the employee was injured because of his own negligence or for failure to follow the instructions of his employer. Self inflicted injuries are not covered. Benefits include medical expenses, lost wages, and death benefits. Most employers have insurance to cover these benefits. If they don't have insurance, they still have to pay benefits.

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FAQ

Workers' compensation insurance is a direct result of public awareness and outrage at the poor and often dangerous working conditions people were forced to labor under in order to make a living, and the financially devastating effects of a work-related injury or illness on the worker and the worker's dependents.

The percentage of worker's wage paid is 66 2/3. For weekly payments, the minimum is $60 or actual wage if less, and the maximum is 66 2/3 percent of SAWW. For non-scheduled injuries, the maximum period of payments is 200 weeks, and there is no maximum total payable amount.

The average premium in Florida is about $1.30 for every $100 in payroll. ing to one insurer, however, workers' comp insurance in Florida costs about 26 cents per $100 in payroll for employees in low-risk jobs and $19.40 for every $100 in payroll for workers in high-risk jobs.

The highest workers' comp rates by state jurisdiction are: Wyoming: $1.78. Alaska: $1.74. Hawaii: $1.69. Montana: $1.64. South Carolina: $1.55. Idaho: $1.47.

If your injury or illness is so severe that you are permanently and totally unable to work, you may be entitled to wage loss benefits for the rest of your life. The weekly payment is two-thirds (66.66 percent) of your average weekly wages prior to injury or illness.

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Virgin Islands Checklists - Worker's Compensation Claims