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Blog Post: Workers’ Compensation Emerging Issues Analysis: The Changing Workforce and Workplace

LexisNexis

Colorado: Colorado’s HB24-1220 bill, which was signed into law on June 4, 2024, requires workerscompensation insurers to pay benefits to claimants by direct deposit if requested. The insurance company or self-insured entity must honor the request. The cap has been increased from $10,000 to $25,000.