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Synopsis: AS WE ARE NOW IN 2024—IL WC BENEFIT RATES STILL SPIRAL UP ENDLESSLY??—SHAWN BIERY’S UPDATED IL WC RATE SHEETS AVAILABLE FOR ACCURATE WC RATES AND RESERVING!!! 

 

Editor’s comment: The IWCC has posted a new TTD rate of almost $2,000 a week going into 2024 and max PPD RATE is now well over $1,000.

 

FYI, Illinois WC rates have updated again so please be aware of the New IL WC Rates or your claims handling will suffer and penalties may ensue. Please also note that the IL State Min Wage is now $14 per hour and will rise

Continue Reading 2-4-2024; Shawn Biery's New IL WC Rate Sheet is Out–Max PPD rate is up to $1,024.87 for DOL 7/1/23 and later–check your reserves; John Campbell-Tim O'Gorman Chronicle New IL HR Laws and More