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West virginia form compensation 2025

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The document is a notice for owners, corporate officers, and board members in West Virginia to either reject or reinstate their workers' compensation coverage. It outlines the legal requirements for exclusion from coverage, the necessary information to be provided, and the implications of opting out, including the lack of benefits in case of injury. It also requires supporting documentation to verify the individual's position within the company.

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Does West Virginia require workers compensation insurance?

All West Virginia employers are statutorily required to maintain workers compensation insurance coverage.

How much does workers comp pay in West Virginia?

An injured workers wage paid is 66 2/3%. The weekly payment minimum is $175.33, 33 1/3% of the West Virginia state average weekly wage and may not exceed the Federal minimum hourly wage. The weekly maximum is $526, 100% of the West Virginia state average weekly wage. Maximum period of payments is 104 weeks.

What is the first report of injury for workers comp in West Virginia?

First Report of Injury (FROI) Form OIC-WC-2. As soon as you have been notified of a work-related injury, please immediately fill out this form and submit it to EMPLOYERS and provide a copy to the employee.

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How does workers compensation work in WV?

Workers compensation insurance in WV helps pay medical costs for employees that become hurt or sick as a result of their job. It can also help replace some of your employees missed wages or provide disability payments if theyre unable to return to work.

How much is workers comp benefit in West Virginia?

Temporary total, permanent total and vocational rehabilitation benefits: $917.08 (paid at two thirds of the claimants average weekly wage not to exceed 100% of the State average weekly wage of $917.08);

Is workers comp mandatory in WV?

All West Virginia employers are statutorily required to maintain workers compensation insurance coverage. Visit the West Virginia Offices of the Insurance Commissioner Employer Coverage Unit online to file workers compensation.

How is PPD calculated in West Virginia?

Pursuant to W. Va. Code 23-4-6(e)(1), permanent partial disability (PPD) rates are paid at 66 and 2/3% of the average weekly wage earnings, wherever earned, of the injured employee at the date of injury, not to exceed 70% of the average weekly wage in West Virginia.

How long do you have to file a workers comp claim in WV?

Claims Must Be Filed Within Six Months West Virginia requires injured workers to file an application for benefits within six months of the date of injury. Do not allow yourself or your loved one to miss out on valuable financial help to replace lost wages, cover medical expenses, and more.

West virginia form compensation 2025

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