Guidance For The Minnesota Workers’ Compensation Benefits Calculator
When it comes to workers’ compensation, employees in Minnesota may have questions about how workers’ comp benefits are calculated. At David H. Bailly, Ltd., the firm’s lawyer helps clients in Eden Prairie and throughout the state with workers’ compensation claims.
As he has been practicing law for over 40 years, he understands the importance of ensuring accurate workers’ compensation benefits calculations. He has seen many cases where insurance companies make errors in benefit calculations, which can result in incorrect benefits to injured workers.
Benefit Calculation Formulas
Specific formulas, including the average weekly wage calculation, are used to calculate workers’ compensation benefits. This calculation takes into account an employee’s earnings before the injury, including the wage statement, to determine the correct benefit amount. However, the specific formula used may vary depending on the type of benefit and the individual circumstances of the case.
Mr. Bailly can help clients understand how these formulas work and ensure the correct calculation of their benefits. He can also help clients understand how factors such as overtime pay, multiple jobs and seasonal employment can affect their benefits. He can even help clients understand the types of benefits they may be eligible for, including temporary total disability benefits, permanent partial disability benefits and dependency benefits.
Common Errors In Calculations
Insurance companies can make various mistakes when calculating workers’ compensation benefits. Some common workers’ compensation benefit errors that are in favor of the insurance company include:
- Miscalculating the average weekly wage
- Failing to include overtime pay or income from multiple jobs
- Not accounting for cost-of-living adjustments
- Incorrectly calculating temporary total disability or permanent partial disability benefits
- Failing to provide the maximum compensation rate
- Not considering seasonal employment or variable income
- Failing to provide dependency benefits
These errors can result in significant workers’ comp underpayments. Mr. Bailly has seen that back payments can amount to thousands of dollars, making it essential to have a lawyer review your workers’ compensation benefits calculation.
Pursuing The Benefits You Deserve
If you are receiving workers’ compensation benefits, you may wonder whether you are getting the correct amount. You may ask, “What percentage of my wages will I receive through workers’ compensation benefits?” or “Can I receive a lump sum settlement instead of ongoing workers’ compensation payments?
Mr. Bailly can help answer these questions and ensure that you seek the benefits to which you are entitled. He can also help you navigate the process of pursuing a lump sum settlement or appealing a denied claim.
Take Action Now On Your Workers’ Comp Concern
If you have questions about your workers’ compensation benefits calculation, it is essential to act now. Hiring a lawyer can make a difference in your case. Attorney Bailly offers free consultations for clients with workers’ compensation matters. Contact the firm today at 952-232-1053 or through the online form to schedule your no-cost consultation.