Mark earns $20 per hour and typically works 40 hours a week. If injured, what would be his TTD benefit amount for 50 days?

Prepare for the Oklahoma Insurance Adjuster's License Exam. Study with multiple choice questions, each with detailed explanations. Get exam-ready!

To determine Mark's Temporary Total Disability (TTD) benefit amount for 50 days, it is essential to first calculate his weekly earnings based on his hourly wage and typical work hours. Mark earns $20 per hour and works 40 hours a week, which results in a weekly income of:

[

20 \text{ (hourly wage)} \times 40 \text{ (hours per week)} = 800 \text{ (weekly income)}

]

Next, to find the TTD benefit, it is typically calculated as a percentage of the worker's average weekly earnings. In Oklahoma, TTD benefits are generally set at 70% of the employee's average weekly wage, subject to certain maximums. For this calculation, we assume he receives 70% of his weekly earnings during the period of his disability.

Calculating the TTD benefit:

[

0.70 \times 800 = 560 \text{ (weekly TTD benefit)}

]

Since Mark is receiving benefits for 50 days, we need to convert that into weeks. There are 7 days in a week, so:

[

50 \text{ days} \div 7 \text{ days/week} \approx 7

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