Building Code Administrators and Inspectors Florida Principle and Practice Licensure Practice Exam

An installment of Workers Compensation payable without an award is due on July 1st, but payment is delayed until July 10th. An additional __________ should be added to the payment.

1. A. 12%, $5 minimum

2. B. 20%

3. C. 10%

4. D. A and B

The correct answer is: D. A and B

The requirement to add an additional percentage to a delayed payment in workers' compensation claims reflects the intent to ensure timely payments to injured workers. In Florida, if a compensation payment is not made on the due date, the law stipulates that a penalty is applied. In this context, both a 12% penalty (with a minimum of $5) and a 20% penalty are applicable, depending on the specifics surrounding the payment circumstances. The 12% figure typically comes into play when the payment is delayed beyond a certain threshold, providing a base penalty for tardiness, with a minimum amount that ensures even small payments attract a reasonable penalty. On the other hand, the 20% penalty might be applied under specific scenarios outlined in the regulations concerning the lateness of payments. By including both penalties as options, the choice reflects the multifaceted approach within Florida's workers’ compensation laws, which aim to enforce compliance and accountability in payment processes. Thus, selecting an answer that includes both penalty options captures the complexity of the penalties for late payments while addressing the standard practices in the state’s workers’ compensation system.