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Posts Tagged ‘reimbursement’

New York Prepares to Close Second Injury Fund

As of 07/01/07, the self-insured employers and the carriers in New York can no longer file claims for reimbursement with the Special Funds Conservation Committee under Section 15-8. In other words, for claims with dates of accident or dates of disablement of 07/01/07 or later, Bookmark It Hide Sites $$(‘div.d450′).each( function(e) { e.visualEffect(‘slide_up’,{duration:0.5}) });

Second Injury Fund in North Carolina Still Active

In North Carolina, the Industrial Commission disburses moneys from the Second Injury Fund. In order to qualify for compensation for a second injury, the original and the subsequent injury must be at least twenty percent (20%) of the entire body, and, the additional compensation cannot exceed Bookmark It Hide Sites $$(‘div.d452′).each( function(e) { e.visualEffect(‘slide_up’,{duration:0.5}) });

Types of Second-Injury Funds

The two major types of second-injury funds are reimbursement funds and take-over funds. In both of these situations, the employer/insurer can reduce liability when the fund becomes liable. Bookmark It Hide Sites $$(‘div.d454′).each( function(e) { e.visualEffect(‘slide_up’,{duration:0.5}) });

Are expenses incurred prior to 2003 reimbursable?

The 2003 amendment to O.C.G.A. § 34-9-203, effective July 1, 2003, added paragraph (c)(4), imposing a one year limitation period on the filing of reimbursement claims. While this amendment imposed a one year filing limitation Bookmark It Hide Sites $$(‘div.d244′).each( function(e) { e.visualEffect(‘slide_up’,{duration:0.5}) });

Who, What, and How will the Georgia SITF reimburse me?

Any insurance company licensed in Georgia to issue workers’ compensation policies or self-insured employer authorized by the State Board of Workers’ Compensation is eligible to file a claim for potential reimbursement from the Subsequent Injury Trust Fund. The employer/insurer should forward a letter to the fund stating a desire to actively pursue the claim. The [...]