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Workers compensation provides workers with: Payments for a worker who has a permanent impairment or is permanently totally disabled. Payments for temporary indemnity benefits if an injured worker is unable to work and earn a paycheck. Survivor benefits for survivors of those killed on the job.
➢ The first seven calendar days of lost time is considered a waiting period by the New Mexico Workers Compensation Act. The waiting period is paid if there is a total of twenty-eight days of lost wages as the result of a provider excusing or restricting the employee from work.
Every employer required to be covered by the Workers Compensation Act, or who elects to do so, and every employee covered by the Act, must pay a quarterly fee called the workers compensation assessment fee. The fee is similar to a tax, and is $4.30 per employee per calendar quarter.
Minimum weekly payment is $36 or the workers actual wage if it is less; Maximum weekly payment is 100 percent of the New Mexico state average weekly wage or $669.21; and. Maximum number of payments is for the lifetime of the injured New Mexico worker.
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The fee for the employer is $2.30 times the number of covered employees working on the last day of the quarter. The fee for covered employees working on the last day of the quarter is $2.00. Payment is due by the last day of the month following the end of the quarter.
New Mexico workers compensation law requires coverage for all employees engaged in construction activities. Employers required to be licensed under the provision of the Construction Industries Licensing Act must purchase workers compensation insurance coverage regardless of the number of employees.
New Mexico workers compensation law requires coverage for all employees engaged in construction activities. Employers required to be licensed under the provision of the Construction Industries Licensing Act must purchase workers compensation insurance coverage regardless of the number of employees.

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