We know how stressful it is for injured workers to chase injury claims based on an injury suffered while on a job. When people decide to pursue these claims, they have no idea about their legal rights or know their options. This lack of knowledge is what insurance companies take advantage of and refuse to pay out the complete benefits a workers comp case involves. Some injured workers also have no idea about how to cash a workers comp check.
There are laws put in place in every state to protect workers that get injured while on their jobs. This time, it doesn’t matter who is at fault for the accident and who isn’t. There are automatic benefits that come with getting injured while working and some of these automatic benefits include payment of lost wages, vocational rehabilitation, payment of medical bills, and more. An injured worker should equal about eighty percent of the worker’s weekly wage after-tax payment.
This result is based on the thirty-nine weeks that have already been paid before the fifty-second week when the accident happened at work. Another rule that should be followed is that the amount paid to injured workers should equal approximately sixty percent of the worker’s gross wages. They should also include discontinued fringe, bonuses, and overtime in the worker’s comp benefits paid to an injured worker.
How To Cash A Workers Comp Check
However, lost wages should be paid weekly, and they will also pay it for as long as the injury or disability lasts. Offsets can also come into play if the injured and disable employee finds a lesser paying job, gets to the age of sixty-five, gets a pension, and obtains retirement benefits from a social security administration. Another thing an injured worker should also be on the lookout for is his check arriving late. If the check arrives late, this might indicate that the wage loss benefits might get cut off very soon.
This is where you have to consult with an experienced workers comp lawyer who is quite familiar with the worker’s comp check rules extensively. In a state like Michigan, the law states that a worker should be disabled for at least up to a week before lost wages payment is owed. This one week also includes weekends and holidays. If the worker misses two weeks or more, then the payment to be processed will date back to the very first day he missed work.
Where Can I Cash A Workers Comp Check
If you have a financial institution where you already established or formed a good business relationship, then you can easily cash your worker’s comp check there. In some cases, the bank issuing the check itself would allow you to cash the check for a small fee, while individuals who do not have a bank account can also make use of any cashing business. In Michigan, Walmart provides people with these services, and in all cases, you would need photo verification and identification to cash a check.
When using a cashing business, be on the lookout for businesses with high fees, and that’s why you should shop around for a cashing business with the best deal. Disabled employees get to receive payment through check, and it gets to be sent through mail sometimes. It also comes on the same day each week, but you should not be worried if the day of the week that it comes changes. Insurance companies sometimes instruct insurance adjusters to reauthorize checks, which can make this more complicated manually.
In the worker’s comp check rules, there is also an electronic delivery of lost wages. This would require the disabled employee to give written consent, and the payments must be made on a debit card or put in a financial institution. Electronic payment methods are not advised because the issues that arise from them are harder to resolve. Two weeks from the start of entitlement is when a disabled employee can start expecting payment, and payment is considered to be late when it is thirty days past the due date.