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What is mandatory coverage? The Minnesota Workers' Compensation Law states that all employers are required to purchase workers' compensation insurance or become self-insured. This is often referred to as "mandatory coverage." Employers are generally defined as those who hire others to perform services.

Although nearly all Minnesota employees must be covered by employer-provided workers' compensation insurance, some worker categories are exempt. These include: Household employees in a private home who are making less than $1,000 over a three-month time span.

As of October 2022, the SAWW (and maximum workers' compensation amount) is $1,287 per week, and the maximum is 102% of that or $1,312.74 per week. Workers receiving TTD benefits are also protected by a minimum cap of 20% of the maximum ($262.55 per week in 2022) or the employee's weekly wage, whichever is less.

Some of the allowed exceptions in Minnesota include: Sole proprietors ? If you are the sole employee at your business, you are not required to carry workers' compensation insurance for yourself, your spouse, your parents or your children working at the business. Any other employees would require coverage.

How much does workers' compensation insurance cost in Minnesota? The average cost of workers' compensation in Minnesota is $47 per month.

Temporary disability benefits are paid based on a medical prognosis of eventual recovery and return to work. Now, the employee isn't returning to work. If you decide to leave the workforce, you should expect to lose disability benefits, unless you qualify for Permanent Total Disability payments.