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2012 Maximum Compensation Rate is $803.00

by FranksKoenig NeuweltOct 31, 20180 comments

2012 Maximum Compensation Rate is $803.00

The Florida Department of Financial Services provided an annual increase in the weekly compensation rate that injured employees are paid if placed on a no work status by an authorized workers’ compensation doctor. If placed on a no-work status, inured workers are eligible to collect indemnity benefits (lost wage checks) which are calculated at 66 2/3% of an injured workers’ average weekly wage. These benefits are called Temporary Total Disability benefits. The maximum weekly amount that an injured worker can receive if placed on a no work status is $803.00, if the injury occurred in 2012. The maximum weekly compensation rate in 2011 was $782.00.

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