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aggregate trust fund
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10-29-2010, 11:47 AM
Post: #21
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RE: aggregate trust fund
if iam ppd and the ins comp is making payments and will continue to then why does the wcb make them pay this amount of money and call is an award? i call the wcb and lady tells me as of the date in the letter the money will be mine, this is where in lost, so pretty much this doesnt effect me when is comes to the so called award
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10-29-2010, 11:53 AM
Post: #22
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RE: aggregate trust fund
The wcb makes them pay because of a new law in 2007 requiring it. Then, if the IC doesn't make payments to you or they go bankrupt and can't pay, then the ATS can continue to pay you. Its set up to protect the injured worker. It's not an additional award.
I haven't found if ATS has to refund the money to the IC if the IC makes all the necessary payments. I know that they are saying alot of ICs will stop selling WC policies in NY because of this. |
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10-29-2010, 12:17 PM
Post: #23
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RE: aggregate trust fund
so its a good thing for me i guess. at least i know i will always get my weekly benefits no matter what. like i said i have been classified with a ppd. maybe this will finally get them to settle. im sure the ins comp isnt happy about this but its nice to know injured workers have some rights left.
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