Pros and cons of workers' compensation settlements
Pros and Cons of Workers Compensation Settlements

Naturally, the most ideal situation after a workplace injury would be for your employer’s insurance company to pay your workers comp benefits without making a fuss.

Unfortunately, this isn’t always the case.

Many insurance companies instead offer workers compensation settlements as an alternative to making regular payments until you have recovered from your injuries. But just as no two work injuries are alike, there is no single settlement amount that works for everyone.

Before you accept a settlement in your workers compensation claim, there are many factors to consider. In this article, we’ll cover the pros and cons of workers compensation settlements so you can make a more informed decision.

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How a Workers' Comp Settlement is Calculated
How a Workers Comp Settlement Is Calculated

How much are your injuries worth?

Your workers comp settlement isn’t “free money.” Here’s what to consider when deciding whether that settlement offer is worth it.

 

If you’ve been injured in a workplace accident, it’s very likely that your life has been turned upside down.

With your reduced work hours and medical bills piling up, that lump sum settlement offer is starting to look pretty good. But how did the insurance company arrive at that number?

It may seem arbitrary to you. But workers compensation insurance isn’t about reading tea leaves or consulting a crystal ball to determine your workers comp settlement amount. They are actually making a number of calculations behind the scenes to decide how much to offer you.

And unless you know what’s influencing their decision, you won’t be able to decide whether the offer is a fair one.

So let’s take a look at what your workers comp settlement should cover and how you can decide whether or not to accept it.

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When will workers comp offer a settlement?
When Will Workers Comp Offer a Settlement?

You have questions about workers compensation…we have answers.

Wondering “When will workers comp offer a settlement?” or “Should I even accept this offer?” Here’s everything you should know.

 

Whether you work in a warehouse or an office on the 87th floor, we all run the risk of suffering a work injury or illness. Some professions carry higher risk compared to others, but that doesn’t mean employees in “less risky” jobs should face neglect in their workers compensation case.

In the event of an injury at work, you’re entitled to certain benefits to cover your medical expenses and lost wages. Sometimes, these benefits come in the form of regular workers compensation benefits paid through your employer’s insurance company. But what happens if you are offered a lump sum settlement instead? And when will workers comp offer a settlement?

But if you’re anticipating a settlement offer, there’s a lot more to consider than when that settlement is going to come through. Read more

Who Is Eligible For Workers Compensation In Florida?
Who Is Eligible For Workers Compensation In Florida?

Work-related injuries can be confusing.

In this article, we’ll answer some common questions about workers compensation eligibility.

 

If you’ve been in the workplace for long enough, you’ve likely heard about workers compensation. You know it has something to do with workplace injuries, but beyond that, you probably don’t put any thought into workers comp at all.

That is, until the workplace injury happens to you.

Once workers comp becomes more than hypothetical, you may discover that you don’t understand it at all. “I get hurt and just get paid? This sounds too easy. Do I qualify for workers comp?”

In this blog, we’ll look at who is eligible for workers compensation, what it covers, and how to get the best results from your case. Read more

Can I Get Workers Comp For Carpal Tunnel Syndrome?
Can I Get Workers Comp For Carpal Tunnel?

Has your job become a pain in the…wrist?

Filing workers comp for carpal tunnel can give you the time you need to recover.

 

There are some parts of your body that you never pay attention to…unless they’re bothering you. The carpal tunnel in your wrist is one of those parts.

Carpal tunnel syndrome is one of the most common work-related injuries among American workers. And if you’ve ever experienced the pain, numbness, tingling, or discomfort of this condition, you know that it can be very difficult to maintain the same quality of life at work or at home.

But can you get workers comp for carpal tunnel? In this article, we’ll address these questions (and a few more) to give you a better understanding of the relationship between carpal tunnel and workers compensation. Read more

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