We know how much time and energy goes into running a business. When a work-related accident or illness occurs, we don’t want you to feel unprepared!
Here is a quick & easy list of workers’ compensation statutes for 2014 for your reference.
|Notice to Employer||Within 30 days||This notice has to be in writing and must be signed by the injured employee or a representative.|
|Claim Filing Requirements||Within one (1) year||After an injury occurs or the accrual of right. A claim will not be barred if the compensation has already begun.|
|Employers Report of Accident||Within five (5) days||Employers should record all work-related illnesses and injuries but must only report those that result in lost work hours beyond the date of injury or require medical treatment besides first aid. Also, employers must report deaths or serious injuries immediately by telephone or telegraph. Failure to do so can result in a fine of up to $5,000.|
|Indemnification Waiting Period||Three (3) days||If disability exceeds 14 days, this is paid retroactively|
|State Average Weekly Wage (SAWW)||$1,067.25 per week||The SAWW is calculated for each year based on the wages paid to employees covered by unemployment insurance over a period of 12 months.|
|Temp. Total Disability (TTD) Max.||$1,074.64 per week||The actual benefits are two thirds of the employee’s average weekly wage (AWW). These benefits are available during the duration of the disability period and are evaluated based on each individual’s ability to compete in the open labor market.|
|Temp. Total Disability Min.||$161.19 per week|
|Death Benefits||At least $224.00 per week||Altogether, these benefits can be up to $320,000. However they must be paid in installments like TTD benefits. The actual amount that surviving dependents can receive is based on the number of dependents, their age, the date of the injury and whether the dependents are full or partial dependents.|
|Funeral Expenses||Up to $10,000||Reasonable burial expenses up to $5,000 for injuries that took place before Jan. 1, 2013.|
|Permanent Partial Disability (PPD)||Min: $160 per week. Max: $290 per week||The actual amount of PPD benefits depends on the employee’s impairment rating (IR). This rating also determines the duration of PPD benefits.|
|Coverage of Minors||Yes||If a minor is under 16 years of age and was illegally employed, the employer must pay an additional penalty equal to 50 percent of the compensation award. If the minor provided documents that misrepresented his/her age at the time of hiring or if the minor is a state employee, the penalty does not apply.|
|Coverage of Occupational Disease||All diseases||For silicosis or asbestosis, the employer is liable only if the exposure lasted 2 years. The compensation is the same as with accidents.|
|Occupational Hearing Loss||Yes|
|Max/Min TTD/PPD Rates||Set annually||New rates are effective on January 1 of each year.|
|State OSHA Program||Yes|
Do you have further questions about workers’ compensation? ERM Insurance Brokers in Irvine, California has the answers!
Call (949) 222-0444 to speak with a member of our team.