Lost pay should be compensated for if an employee suffers an injury on the job and is unable to return to work for any reason. The amount you can collect is capped at a particular percentage of your pre-injury wage, and the total amount of your monthly payments is limited. For the purpose of this article, we will be discussing the 2022 Arizona workers’ compensation maximum monthly award.
In what ways does the maximum monthly payment for workers’ compensation vary?
If you are injured on the job and cannot work because of your injury, you may be eligible to earn lost wages through the workers’ compensation insurance system, up to a maximum monthly amount.
The annual maximum amount that any person can receive in a given month fluctuates depending on the economy. Beginning on January 1 of each year, a new rate will be in effect until the end of the year on December 31. Around two-thirds of an individual’s annual pay is available, though this maximum amount varies from year to year.
The Arizona Industrial Commission (ICA) analyses the US Bureau of Labor Statistics Employment Cost Index from the previous year. Arizona Revised Statute Title 23 mandates the increase in the maximum monthly available to workers. Labor Section 23-1041 (E).
Arizona’s workers’ compensation insurance currently has a maximum monthly payment cap of $5,161.12 until 2022.
The next rate rise will be known by August 1st of this year, and it will take effect on January 1st, 2023. In most cases, people can collect this kind of money for a certain period of time until their doctor says they’ve accomplished maximum medical improvement (MMI), at which point they can either go back to work or continue to be classified as incapacitated and get another kind of compensation (short- or long-term disability).
Using Legal Representation and Why You Should
Assume that you or a loved one has suffered a work-related injury and is currently unable to carry out any duties associated with their occupation. You should see an experienced Arizona workplace injury attorney at https://workinjuryaz.com/ without delay. An attorney will be able to evaluate the specifics of your case and work towards securing the maximum compensation allowed under Arizona law on your behalf.