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This Rule defines the standard terminology, administrative procedures, and dispute resolution procedures required to implement the Divisions Medical Treatment Guidelines and Medical Fee Schedule.
What is the minimum workers comp limit in Colorado?
Colorados State Workers Compensation Benefits State minimum limits for workers compensation are pretty universal. Workers compensation state minimum limits: $100,000 per occurrence for bodily injury: This coverage is for any one employee.
What is a workers compensation limit?
Generally, there are no limits or exclusions to this coverage. Insurance providers will typically pay the full claim to cover any necessary treatments and medical bills for an employees injury, occupational disease, and rehab.
How much does Workmans Comp pay in Colorado?
Generally, you receive 2/3 of your average weekly wage for the duration of your treatment. If you or a loved one are completely prevented from working, you will receive temporary total disability (or TTD) benefits equal to two-thirds of your average weekly wage.
What is the maximum payout for Workmans Comp in Colorado?
Combined benefits cap The cap changes each year. As of July 1, 2022, the maximum is $113,372.35 for a whole person impairment rating of 19 percent or less. For a whole person impairment rating above 19 percent, it is $226,741.83.
While youre on Colorado workers compensation, you receive 66⅔% of your average weekly wage. There is a maximum weekly benefit of 91% of the state average weekly wage. Payments continue until you are able to return to work.
What is the 3 day rule for workers comp in Colorado?
If you are unable to work as the result of a work-related injury or occupational disease, compensation (wage replacement) benefits will be based on 2/3 of your average weekly wage up to a maximum set by law. No compensation is payable for the first 3 days disability unless the period of disability exceeds two weeks.
Related links
Colorado Workers Compensation Information
If you are injured or sustain an occupational disease while at work, you may be entitled to compensation benefits as provided by law.
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