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Old 10-08-2006, 09:56 AM
abc123 abc123 is offline
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Default Escalating and non-escalating benefit

Escalating/non escalating benefits are mentioned in Gillam' s RR and ELF paper, but I can not find the definitions. Anyone care to explain? Thanks.
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Old 10-08-2006, 11:57 AM
bg23516 bg23516 is offline
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Never done primary WC, but I imagine that the escalation refers to an increase in indemnity compensation for claimants. Someone who becomes disabled will recieve unlimited medical, which is automatically scaled for increase in medical costs. Certain states allow for an increase in wage/indemnity benefits for claimants, i.e., to account for COL inflation.
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Old 10-08-2006, 12:35 PM
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NewTubaBoy NewTubaBoy is offline
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Quote:
Originally Posted by bg23516 View Post
Never done primary WC, but I imagine that the escalation refers to an increase in indemnity compensation for claimants. Someone who becomes disabled will recieve unlimited medical, which is automatically scaled for increase in medical costs. Certain states allow for an increase in wage/indemnity benefits for claimants, i.e., to account for COL inflation.
That's exactly what it is. Some states have automatically escalating indemnity benefits, while others do not.
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