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16 OH Form U 3 Workers Comp Morning Star Financial Services

16 OH Form U 3 Workers Comp Morning Star Financial Services

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today's video feature is how is the amount of your weekly check actually calculated in workers compensation now this figure is very important at two critical junctions in your case and that's why it's so important to make sure that it is accurate and includes all wages earned now in the beginning of your case it is the amount of money you will receive weekly and use to pay your bills and at the end of your case once medical treatment has concluded it is one of the factors used to calculate a final disability award so you can see why this is so important now there are two terms you need to be aware of one is average weekly wage and the second is compensation rate the average weekly wage is what you have received on average during the previous four quarters or one year or 52 weeks from the date of accident your employer is required to complete something called a form 20 to submit to the commission and that will detail the wages they've reported to the fede

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