Colorado increases the values of workers’ compensation injuries each year based upon the findings of the Director of the Division of Workers’ Compensation. On May 15, 2012 Director Paul Tauriello issued his order for the new rates that go into effect for injuries occurring on or after July 1, 2012.
The Maximum Wage Loss Benefit is $848.82 a week ( Up from $828.03 ). In order to qualify for this benefit an injured worker must make $1,273.23 a week at the time of injury.
The Scheduled Impairment Rating is $266.98. This rate determines the value of the permanent impairments of arms and legs. A 10% impairment of the arm will be worth $5,553.18. Last year the same 10% would be worth $5,420.27.
Disfigurement Benefits are raised to $4,504 and up to $9,007 for extensive facial or body scars, burn scars or stumps resulting from the loss of limbs.
The Maximum Wage Loss and Impairment Benefits available to workers rose to $78,482.00 for injured workers whose impairment rating is 25% or less; and up to $156,962.00 for those injured workers with impairment ratings of 26% or more.
The Colorado Workers’ Compensation System is a complicated area of the law. Injured workers should consult and retain an experienced and dedicated workers’ compensation attorney. At Kaplan Morrell we have helped injured workers in Colorado since 1997. It is our passion, and our mission. Please click HERE or call us at 303-780-7329 for your FREE CONSULTATION.