Magnifying Glass
Back to Sponsored Content

NV DIR Posts Annual COLA Reminders & Example Calculations

30 Mar, 2022 WorkersCompensation.com

                               

Carson City, NV (WorkersCompensation.com) - The deadline for submitting Requests for Reimbursement for costs associated with COLAs paid in calendar year 2021 for eligible claims is March 31, 2022. Requests for reimbursement will only be processed for claims whose AMW/Rate have been verified by WCS.  See the COLA Info – PTD and Survivors’ Benefits (Death) Claims page on the WCS website for Forms and Instructions for AMW/Rate Verifications and Requests for Reimbursement. Those submitting request(s) for reimbursement to WCS are encouraged to communicate with the appropriate insurer assessment contact(s) regarding specific claim information to facilitate proper reimbursement payment processing by insurer(s).

New Resources: To assist COLA payors and reimbursement requestors, WCS has posted Examples Calculations of COLA Payments and Reimbursements under “Resources” on the COLA Info – PTD and Survivors’ Benefits (Death) Claims on the WCS web site:      

Please also note that the PTD or Survivors’ Benefits Claims – COLA Reimbursement Request Form has been updated with additional explanatory text.

2022 COLA Reminder:  Injured employees receiving Permanent Total Disability (PTD) benefits and dependents receiving Survivor’s benefits should have received a 2.3% increase in their monthly benefit rate in January 2022 pursuant to NRS 616C.473 and NRS 616C.508. (Note: Costs associated with eligible COLA payments made in 2022 are not reimbursable until 2023.)

Direct inquiries to COLAS@dir.nv.gov.

    • Read Also

    WorkCompCollege.com Offers Complimentary “How to Say No” Course in Response to Industry Tragedy 

    Lakewood Ranch, FL – December 10, 2024: In light of the recent tragic murder of UnitedHealthcare CEO Brian Thompson, WorkCompCollege.com is making its existing ATEC course, "How to Say No," available free of charge to […]
    Ametros and WorkCompCollege.com Announce New “Mastering Medical Settlements” Course to Enhance Workers’ Compensation Expertise 

    BOSTON, MA, December 5, 2024 – Ametros, the industry leader in professional administration, in collaboration with WorkCompCollege.com, is excited to announce the release of “Mastering Medical Settlements,” a new course offered through WorkCompCollege.com’s Advanced Training […]
    Sedgwick names Andrea Buhl President of Casualty

    MEMPHIS, Tenn., November 4, 2024 – Sedgwick, a leading global provider of claims management, loss adjusting and technology-enabled business solutions, has appointed Andrea Buhl to the role of president of its casualty group. Buhl has […]

    About The Author

    • WorkersCompensation.com

    More by This Author

    Free Access: Transform Your Workflow with the New Specialty Solutions Toolkit

    In the fast-paced world of workers' compensation, staying organized and efficient is crucial. That’s why we’re thrilled to introduce a game-changing resource specifically designed for claims professionals like you—the Specialty Solutions Toolkit. This innovative, no-cost […]
    Ametros’ Melissa Coleman Honored by the IAIABC as a 2024 NextGen Winner

    Wilmington, Mass. (June 24, 2024) – The IAIABC has recognized Melissa Coleman as a 2024 NextGen Award Winner. Coleman is the Senior Vice President of Marketing for Ametros, which helps people manage their medical funds following workers’ […]
    ReEmployAbility Announces Free Webinar: ‘Overcoming Jurisdictional Return-to-Work Challenges’

    ReEmployAbility, Inc.Contact: Rebecca Dearth(813) 261-3117 | news@reemployability.com Brandon, FL (May 10, 2023)- ReEmployAbility CEO and Founder Debra Livingston will be hosting a second free, live Work Comp Central webinar in their continued series to educate […]

    Read More

    WorkCompCollege.com Offers Complimentary “How to Say No” Course in Response to Industry Tragedy 

    Lakewood Ranch, FL – December 10, 2024: In light of the recent tragic murder of UnitedHealthcare CEO Brian Thompson, WorkCompCollege.com is making its existing ATEC course, "How to Say No," available free of charge to […]
    Ametros and WorkCompCollege.com Announce New “Mastering Medical Settlements” Course to Enhance Workers’ Compensation Expertise 

    BOSTON, MA, December 5, 2024 – Ametros, the industry leader in professional administration, in collaboration with WorkCompCollege.com, is excited to announce the release of “Mastering Medical Settlements,” a new course offered through WorkCompCollege.com’s Advanced Training […]
    Sedgwick names Andrea Buhl President of Casualty

    MEMPHIS, Tenn., November 4, 2024 – Sedgwick, a leading global provider of claims management, loss adjusting and technology-enabled business solutions, has appointed Andrea Buhl to the role of president of its casualty group. Buhl has […]
    Sanderson Firm Partners with WorkCompCollege to Launch MSPCollege and the Medicare Set-Aside Certified Planner (“MSACP”) Program 

    For Immediate Release: Bradenton, FL: October 30, 2024  Sanderson Compliance LLC, a subsidiary of Sanderson Firm PLLC, a leading Medicare Secondary Payer ("MSP") compliance firm, and WorkCompCollege.com, a virtual training platform for the workers' compensation […]
    Not Your Average Workers’ Compensation and Auto PPO 

    Horizon Casualty Services, Inc. (HCS), an affiliate of Horizon BCBS NJ (Horizon), is the cornerstone in the management of workers’ compensation (WC) and personal injury protection (PIP) services in New Jersey. Headquartered in Newark, NJ, […]
    Kind Souls Foundation Partners with WorkCompCollege.com to Develop Enhanced Training Program for Volunteers 

    October 9, 2024 [Albany, NY] – Kind Souls Foundation is excited to announce an innovative educational partnership with WorkCompCollege.com. Kind Souls Foundation, a national nonprofit, is dedicated to supporting individuals and their families facing work […]