Every July 1, the non-economic damages cap is adjusted to account for inflation and the average annual wage as calculated by the Idaho Industrial Commission. As expected, we saw another large increase, 6.9%, from $458,728.65 in 2023 to $490,512.33 in 2024. The non-economic damages cap is rising at a faster pace than ever before. From 2009 through 2021, the combined increase was 25%, meaning the cap was under $400,000. Yet, the increase has been 18.6% in the last three years. It previously took 12 years to increase by the same dollar amount achieved in the past 3 years. Please click here to view the non-economic damages caps for 2005 – 2024.
Idaho Statute Section 6-1603 is silent on the date/event (time of injury, time of complaint, time of verdict) that attaches to the cap.
Please contact a Gjording Fouser lawyer at 208.336.9777 if you would like any additional information.