Under Florida law, what is the maximum benefit payable for lost wages?

The maximum benefit payable for lost wages under Florida law is 60%. This percentage reflects the state's approach to compensating individuals for lost income due to injuries sustained in a covered event, such as an accident. The rationale behind this figure is to ensure that the compensation provides a meaningful level of financial support to those who are unable to work while recovering from their injuries.

It's important to note that the lost wage benefits typically have a cap on the total amount payable, which is often influenced by the individual’s average weekly wage and state-defined limits. The calculation often focuses on providing sufficient help for essentials without fully compensating for all lost income. This means, while the individual may not receive 100% of their wages, the 60% benefit aims to aid in covering basic living expenses during their recovery period.