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If the total PPD rating is less than 80 percent, the maximum duration of indemnity payments for any whole body injury is 500 weeks, including TTD and PPD. If the PPD rating is 80 percent or more, benefits are paid for a maximum of 700 weeks.
You need to complete this form and send a copy to EMPLOYERS and the New Mexico Workers' Compensation Administration within 10 days of knowledge of any alleged work-related injury or occupational disease that results in more than seven days of lost 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.
If the total PPD rating is less than 80 percent, the maximum duration of indemnity payments for any whole body injury is 500 weeks, including TTD and PPD. If the PPD rating is 80 percent or more, benefits are paid for a maximum of 700 weeks.
If the total PPD rating is less than 80 percent, the maximum duration of indemnity payments for any whole body injury is 500 weeks, including TTD and PPD. If the PPD rating is 80 percent or more, benefits are paid for a maximum of 700 weeks.
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Compensation is 66 2/3 percent of the injured New Mexico workers wage. Minimum weekly payment is $36 or the workers actual wage if it is less. Maximum weekly payment is 100 percent of the New Mexico sate average weekly wage or $669.21. Maximum number of payments is for the lifetime of the injured New Mexico worker.
Who needs workers' comp insurance in New Mexico? New Mexico imposes strict workers' compensation insurance rules on employers. All businesses with three or more employees must provide workers' comp coverage, and construction businesses of any size are required to carry coverage.
Workers' Compensation Assessment Fee The fee is similar to a tax, and is $4.30 per employee per calendar quarter. Employers contribute $2.30, multiplied by the number of covered employees working on the last working day of the quarter.
EE: This simple acronym denotes the employee, which refers to the injured worker launching the claim. ER: In workers' compensation, ER is used to denote the employer.
You need to complete this form and send a copy to EMPLOYERS and the New Mexico Workers' Compensation Administration within 10 days of knowledge of any alleged work-related injury or occupational disease that results in more than seven days of lost work.

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