Texas Notification of Suspension of Indemnity Benefit Payment (124.2(e)(6))
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How to fill out Texas Notification Of Suspension Of Indemnity Benefit Payment (124.2(e)(6))?
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FAQ
Permanent Partial Disability (PPD) Benefits: An injured worker's wage paid is at 70% if their current wages are over $8.50/hr otherwise 75%. The weekly payment minimum is $112, 15% of the Texas state average weekly wage. The weekly maximum is $525, 70% of the Texas state average weekly wage.
IIBs are 70% of your average weekly wage (AWW). This AWW is the average amount of money your employer said you get each week from your job. IIBs are paid based on the state AWW maximum and minimum amounts on a specific date. Find the state AWW amount for your date of injury.
The rating determines the amount of compensation you deserve based on the specific injury. The permanent impairment rating system also varies from state to state. For example, an impairment rating of 5 percent will earn you at least 15 weeks of impairment income benefits in Texas.
To calculate the impairment award, the CE multiplies the percentage points of the impairment rating of the employee's covered illness or illnesses by $2,500.00. For example, if a physician assigns an impairment rating of 40% or 40 points, the CE multiplies 40 by $2,500.00, to equal a $100,000.00 impairment award.
The first seven consecutive or cumulative days following the injury date are called the waiting period and no weekly compensation payment is due for the time lost for that period. However, if an employee is off work for more than 14 calendar days, the weekly compensation for the waiting period is paid retroactively.
This benefit equals 70% of the worker's average weekly wage prior to injury. These benefits do not depend on ability to work and could continue even after the injured worker returns to the job. Doctors assign an impairment rating to the injured worker based on the percentage of permanent physical damage.
After you receive an Impairment Rating, your Temporary Income Benefits will stop and you will begin to receive Impairment Income Benefits to compensate you for your loss of function. Upon reaching Maximum Medical Improvement (MMI), an Impairment Rating needs to be given so that your benefits can continue.
Amount of impairment income benefits IIBs are 70% of your average weekly wage (AWW). This AWW is the average amount of money your employer said you get each week from your job. IIBs are paid based on the state AWW maximum and minimum amounts on a specific date.