Matrix CompCalc 2.3

Matrix CompCalc is a comprehensive California Workers' Compensation Indemnity Calculator designed to facilitate accurate and efficient claim calculations. It features a detailed permanent disability (PD) rating schedule that automatically generates rating strings by adjusting the Whole Person Impairment (WPI) according to factors such as Part of Body, Age, Occupation, and Disability Evaluation Criteria. The system utilizes a relational database for Occupation and Part of Body inputs, streamlining data entry and improving usability.

• Includes calculations for Permanent Disability and Temporary Disability, with TD liability estimates based on the default maximum weekly rate corresponding to the injury date or an inputted Average Weekly Wage (AWW).
• Provides tools for Life Pension assessments, incorporating life expectancy data derived from 2008 and 2010 U.S. Life Tables provided by the U.S. Census Bureau.
• Supports calculation of Supplemental Job Displacement Benefits and Death Benefits applicable at the time of injury.
• Features Present Value (PV) and Cost Of Living Adjustment (COLA) estimators for Life Pension and Total Disability awards, enabling projection of future value, PV, and COLA inflation based on user-inputted rates, age at initial payment, injury date, and percentage of disability (70–100%).
• Includes a Combined Value Equation Module that determines the percentage and total indemnity based on input parameters such as date of injury, Average Weekly Wage, or PD Rate (defaulting to maximum rates).
• Implements the AMA WPI Table and formula derived from AMA Guides for accurate impairment assessments.

Additional features encompass a Date Calculator, a comprehensive list of Qualified Medical Evaluator (QME) and Body Code references, along with access to training materials and support videos.

Notable functionalities include a toggle feature for the Combined Value Equation, allowing users to switch between aggregated or combined rating string calculations with a single tap. Users can override default TD/PD indemnity rates within predefined bounds across all screens. The software also permits printing, saving, or emailing PD ratings and PV-POLA calculations for recordkeeping purposes.

Users are advised that accuracy depends on consultation of applicable California Labor Code provisions and relevant regulations issued by the Department of Industrial Relations. This tool does not substitute legal advice or representation. It is recommended that users seek legal counsel prior to relying on its outputs.

Please note that Matrix CompCalc, CompCalc, and legal-records.us are private entities unrelated to any government agency. The services and information provided are not endorsed or validated by governmental authorities.