2024 Notices

The Florida Commerce's Bureau of Workforce Statistics and Economic Research has determined the statewide average weekly wage paid by employers subject to the Florida Reemployment Assistance Program Law to be $1,295.14 for the four calendar quarters ending June 30, 2024.

Section 440.12(2), Florida Statutes (2024), expressly provides that, for injuries occurring on or after August 1, 1979, the weekly compensation rate shall be equal to 100 percent of the statewide average weekly wage, adjusted to the nearest dollar, and that the average weekly wage determined by the Bureau of Workforce Statistics and Economic Research for the four calendar quarters ending each June 30 shall be used in determining the maximum weekly compensation rate with respect to injuries occurring in the calendar year immediately following.

Accordingly, the maximum weekly compensation rate for work-related injuries and illnesses occurring on or after January 1, 2025 shall be $1,295.

2025 Max Comp Rate Bulletin

On Wednesday, August 21 at the annual Workers’ Compensation Educational Conference hosted by WCI, the Division held its breakout session covering Legislative and Regulatory updates. Additionally, the Division panel discussed and outlined stakeholder responsibilities and impacts to claims. Below are links to the two presentations shown during this session.

• Regulatory and Legislative Update
• Panel Presentation

During the 2023 legislative session, HB 487 amended section 440.13(12), F.S., requiring the Department to publish the schedule of maximum reimbursement allowances for physician and nonhospital services on its website by July 1 of each year. Subsequently, in the 2024 legislative session, SB 362 increased the percentage of reimbursement for physician services from 110% to 175% of Medicare, and increased reimbursement for surgical procedures from 140% to 210% of Medicare.

The Department has published to its website, the 2024 maximum reimbursement allowances for physician and nonhospital services, that will go into effect January 1, 2025, incorporating both legislative amendments.

The published fee schedule incorporates Medicare’s 2024 reimbursement values and can be found on the Division’s web site here.