Workers’ Compensation Insurance exists to protect both the employer and the employee in the event of an on-the-job accident. In addition to covering medical expenses related to the injury – such as doctor’s visits, prescriptions, physical therapy and more, an important role that Workers’ Compensation Insurance plays is to help cover lost wages during the time that you are out of work recovering from your accident. That may be a week for some and up to 400 weeks for others. There is some comfort to be found in the knowledge that you will continue to receive benefits while you’re away from work, but what many of our clients wonder is: “How MUCH can I expect for my weekly Workers’ Compensation benefits?” Between our personal experiences and current Georgia laws, the attorneys at Edmonson Law Firm will endeavor to answer that question so you can wonder no more.
Let’s Get Down to Brass Tacks…
Georgia’s Workers’ Compensation Law dictates that – if your accident occurred after July 1, 2019 – you will receive two-thirds of your average weekly wage, not to exceed $675.00 per week. Depending on the severity of your injuries and time required to recover, you may receive those benefits for up to 400 weeks. If your accident was considered “catastrophic” – resulting in a permanent disability, you will receive weekly benefits based on the type and extent of your disability. Permanent disabilities are rated by the authorized treating physician based upon Guides to the Evaluation of Permanent Impairment fifth edition, published by the American Medical Association. For instance, a 100% rating for a lost arm or leg equates to 225 weeks of Workers’ Compensation benefits.
Will my Workers’ Compensation Benefits be Taxed?
It’s important to note that weekly Workers’ Compensation benefits are NOT TAXABLE. If your injury warrants that you are to receive $675 for 400 weeks, that’s $270,000 tax-free. One caveat to that rule is, if you also receive Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI), a portion of your Workers’ Compensation benefits may be taxed, or you might receive less from your Social Security payments.
How Do I Ensure That I Receive the Maximum Benefit That I Am Due?
If you feel that you are being treated unfairly and have not received the maximum benefit that you are due as a result of an on-the-job injury, we invite you to schedule a FREE CONSULTATION with the experienced Workers’ Compensation attorneys at Edmonson Law Firm. You can visit us in person at our law offices at 924 Gainesville Hwy Suite 200 in Buford where our office hours are Monday through Friday 9 a.m. to 5 p.m. You can also call us at 678-271-9111, email us at email@example.com or fill out our secure online contact form and we will be in touch with you shortly. To learn more about our areas of practice – including Workers’ Compensation, Personal Injury and Social Security Disability, visit us online at www.ELF-legal.com.