Dec 7

Workers Compensation Rates To Decrease for Florida Businesses

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Florida workers compensation indemnity benefitsEmployers struggling through 2020 recently received some good news. Florida Insurance Commissioner David Altmaier has issued a Final Order directing an overall decrease of 6.6 percent for Florida workers’ compensation insurance rates. The new rate applies to both new and renewal work comp insurance policies effective in Florida as of January 1, 2021.

According to FloridaDaily.com, Florida’s CFO Jimmy Patronis agrees with this decision. “The statewide overall 6.6 percent workers’ compensation insurance rate decrease is a major win for Florida businesses as we work to rebuild our economy and ensure job creators have the ability to get Floridians back to work.” Florida Attorney General Ashley Moody also agrees. “We are pleased to see continued decreases in workers’ compensation rates for Florida businesses. Florida businesses have seen unprecedented challenges this year and lowering these costs will help increase stability for employers and ultimately, Florida’s families,” said Moody.

Florida’s workers’ comp system is supposed to provide the proper medical care and lost wages to get an injured worker back to work. Sometimes it works great, but sometimes the workers’ compensation carriers deny first and investigate later making recovery for an injured worker difficult.

If you are injured on the job, it is important that you understand your obligations and responsibilities. However, it is as important to make sure the work comp carrier fulfills their obligation as well. If you feel that you are not getting your benefits after a work injury, call an attorney who can help you fight for your rights.

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Know Your Rights After Your Workers Compensation Injury BookAttorneys Matthew Noyes and Lorrie Robinson help injured workers through their workers’ compensation claim. Attorney Matthew Noyes even wrote a book on it – Know Your Rights After Your Workers’ Compensation Injury. If you have questions after a work comp accident, call Personal Injury Attorney Matthew Noyes at 727-796-8282 or simply click here to schedule a free case consultation.

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