So you’ve been injured at work. You’ve got your weekly benefits agreed upon. So what’s next? Is that all the money you’ll receive? After treatment is complete do you get a settlement?
What Exactly is a Settlement?
A settlement is a negotiated agreement between an injured worker and their employer or the insurance company that provides workers’ compensation coverage. The settlement typically involves a lump sum payment to the injured worker in exchange for them waiving any further rights to pursue legal action against their employer or the insurance company. This lump sum payment is meant to cover all of the costs associated with the injury, including medical bills, lost wages, and pain and suffering.
Do You Get a Settlement After Treatment?
The good news is YES! You do get a settlement. In most cases, the settlement will be negotiated after your treatment is complete. This is because the settlement amount will be based on the severity of your injury and the costs associated with it. It’s important to note that settlements can take some time to negotiate, so it’s important to be patient and work with your lawyer throughout the process.
What are the Expenses Related to Being Injured?
There are all sorts of expenses to consider after you’ve been hurt at work. For instance, you might need to search for a new line of employment. In that case, you might need to be compensated for vocational training and time missed from work while searching for a new job. It’s also possible that you might need additional medical treatment in the future as a result of your injury. You would need compensation for these future medical expenses.
How Long Does it Take to Claim Settlement?
The length of time it takes to claim a settlement depends on the complexity of your case and the amount of evidence you have to support your claim. Generally, it can take anywhere from a few weeks to several months for a settlement to be reached. Your lawyer will work with you throughout the process to ensure that your rights are protected and that you receive the compensation you deserve. It’s important to be patient and work with your lawyer to ensure that you receive the best possible outcome.
Do Similar Cases Receive the Same Amount of Settlement?
When you file for workers’ compensation, you are given a rating, and you are entitled to the value of that rating. However, just because you receive the same rating as someone else doesn’t mean that you’re going to receive the same settlement that they did. Every case is evaluated independently because the circumstances of your injury are specific to your case.
Settlements will range based on the value of your claim. There are many factors that will be taken into consideration when deciding your settlement such as how you were injured, how severe your injury is, and the amount of work you’ve had to miss.
What Should You do if You Don’t Get a Settlement?
If you don’t get a settlement, you may be able to pursue legal action against your employer or the insurance company. This is a complicated process and it’s important to have an experienced lawyer on your side. Your lawyer can help you understand your rights and determine if you have a case. They can also help you negotiate a fair settlement if one is available.
Should You Work with an Attorney?
One of the advantages of working with an attorney is that we can explain the value of your claim and what you should receive as a reasonable settlement. Don’t let the insurance company sell you short. Contact one of our experienced attorneys for a free consultation.
