Type In Legal South Carolina Workers' Compensation Forms For Free

The simplest kind of workers' compensation claim may involve only medical expenses and perhaps some lost wages. Injuries that are more debilitating may trigger additional payments over longer periods of time.

Current Workers' Comp Rates in South Carolina The National Council on Compensation Insurance (NCCI) sets work comp rates in South Carolina. In 2018, SC employers paid $1.50 - $1.99 per $100 in payroll for workers' compensation coverage. Workers' compensation rates are always represented per $100 in payroll.

2023 Maximum Weekly Compensation Rate The South Carolina Department of Employment and Workforce has certified the average weekly wage in South Carolina for the period July 1, 2021 through June 30, 2022. For accidents occurring on or after January 1, 2023 the maximum weekly compensation rate shall be $1,035.78.

Once you have the average weekly rate, you need to multiply it by 66 ? percent to get the compensation rate. So in our example, Worker x makes $500 as his average weekly rate, so we need to multiply that by 66 ? percent. So: $500 x 66 ? percent = $333, rounded to the nearest dollar.

Do I need a Workers' Compensation Insurance? As a general rule, businesses that regularly employ four or more employees within South Carolina are required to maintain workers' compensation coverage. Part-time workers and family members are counted as employees.

Current Workers' Comp Rates in South Carolina The National Council on Compensation Insurance (NCCI) sets work comp rates in South Carolina. In 2018, SC employers paid $1.50 - $1.99 per $100 in payroll for workers' compensation coverage. Workers' compensation rates are always represented per $100 in payroll.