If you get hurt on the job, you may be very concerned about your financial future. Yes, you do want to heal. You know it’s going to require rest and medical treatment. You also know that this means you’re going to have to take some time away from work.
The problem is that you, like so many Americans, were living paycheck to paycheck. If you miss those paychecks for the next month, your entire budget is going to fall apart. You won’t be able to pay the bills, you may be at risk of foreclosure and much more. So is workers’ comp going to pay you replacement wages for the time that you’re out?
It only pays two-thirds
You should be eligible for wage compensation, but it will not necessarily be 100% of your lost wages. Instead, you generally get two-thirds of your earnings over that time. If you were earning $1800 per week while you were working, you may take home $1200 a week in workers’ comp benefits.
That said, it is important to note that workers’ comp should also cover your medical bills. So it’s not as if you are accumulating extensive medical debt while earning less than you expected. But it’s still crucial to know that you may not get 100% replacement wages, which means your budget could be stressed more than you expected.
This is just one reason why it’s so important to look into all of your options to maximize your claim when seeking workers’ comp benefits. Make sure that you know exactly what legal steps to take.
