Redact Legal Kentucky Workers' Compensation Forms For Free

?The Kentucky Workers' Compensation Act was enacted in 1916. Workers' Compensation is a safety net for employees, providing medical care and monetary benefits when an employee cannot work due to a work-related injury or occupational disease.

Based on our research, the most affordable workers' compensation insurance provider in Kentucky is Pie. Its policies cost about $80 per month. This company is cheapest for businesses with 20 employees and an annual payroll cost of $1,250,000. Your rates will vary based on your employee count and payroll costs.

If your disability rating is 50% or less, you can receive permanent partial disability benefits for 425 weeks. If your disability rating is more than 50%, you can receive workers' compensation benefits for 520 weeks.

Two-thirds of your pre-injury average weekly wage will be multiplied by the percentage of your impairment rating; that sum will then be multiplied again by a factor listed in a table in Kentucky law (which goes from a . 65 multiplier for an impairment rating of 5% or less to a 1.7 multiplier for a rating above 35%).

The increase in maximum weekly income benefits under the Workers' Compensation Act for total disability or death for the year 2021 over the year 2020 did amount to two dollars ($2.00) or more; therefore, the maximum weekly indemnity benefit for calendar year 2023 for total disability shall be $1,118.43.

Top 5 States with the Highest Workers' Compensation Costs New Jersey: $2.52 ? The Garden State comes in at #1, with a $2.52 index rate that's 175% higher than the median. ... New York: $2.23 ? New York comes in just below its neighboring state at #2, with an index rate of $2.23.