subject: Maximizing Your Workers Comp Claim [print this page] When calculating the amount of workers comp awarded in any one injury there is a general guide to go by. You can claim for four types of income benefits:
temporary income benefits (TIBs);
impairment income benefits (IIBs);
supplemental income benefits (SIBs); and
lifetime income benefits (LIBs).
There are several factors that determine the maximum compensation that you are entitled to for each of these benefits. A workers comp lawyer in Texas could give you more information.
TIB: The maximum compensation that you can get in this category is 70 percent of the difference between your average weekly wage and the wages you are able to earn after your work-related injury. For example, if your average weekly wage was $500, and your injury or illness caused you to lose all of your income, your TIBs would be $350 a week.
IIB: You may be entitled to this benefit if you have a permanent impairment from a work-related injury or illness and that is contingent upon your health care provider's impairment rating. For example, if you receive a 10 percent IR, you will receive 30 weeks of IIBs because 3 weeks of IIBs are paid for each percentage of impairment (10 x 3 = 30 weeks of IIBs).
SIB: The maximum of Supplemental Income Benefits you can claim is 80 percent of the difference between 80 percent of your average weekly wage (earned prior to your work-related injury) and your weekly wages (if you have any earnings or offered wages during this 13 week period) after the work-related injury. Again, consult a Workers Comp Lawyer in Texas to learn more.
LIB: The maximum Lifetime income benefits you might be entitled to is 75 percent of your average weekly wage, with a 3 percent increase each year. For example, if your average weekly wage is $500, your lifetime income benefits would be $375 a week.
To help you understand your maximum claim, a workers comp lawyer in Texas may be the right answer for you. You'll need to work with someone that you can rely on to understand the differences in the types of benefits you may be able to receive. A workers comp lawyer in Texas understands the differences between these types and benefits and will be able to help you succeed n filling out and filing a claim, and if possible, avoiding an appeal.
If you don't believe that you're receiving the maximum benefit, a caring, understanding workers comp lawyer in Texas may be able to help you receive it. A free consultation from this type of lawyer could maximize your benefit and save you and your family plenty of hassle. Look for a workers comp lawyer in Texas who you know cares about you and your unique situation.
