Settlement of a workers’ compensation claim should only be entered into by workers who have had time to consult with an experienced attorney. The reason is settlement agreements are binding contracts, and signing off on one may prohibit any future claim for injuries, even if the injury or illness worsens.
Careful review of these documents is imperative so that the affected worker isn’t cheated out of future benefits to which he or she may otherwise be rightfully entitled.
A settlement may result in:
- No more weekly benefits.
- Continued medical payments.
- A lump sum damage award.
All agreements must be approved by the state workers’ compensation board. Continue reading →