To accept or reject? That is the question you will need to consider when presented with a workers' compensation settlement offer.
The answer likely lies within the details of your adjustment. Before you accept any workers' compensation settlement, make sure you consider the following:
If your injury will require continued medical treatment, you should not settle. Make sure you have reached your maximum medical improvement, which means that your doctors have made a complete diagnosis and prognosis for you and your recovery. Only when you and your doctors are absolutely sure that no different types of medications or treatments will help, you should consider accepting an offer.
It is important to remember that a settlement is a one-time payment. Once you accept it, you are not likely to be able to come back and seek more money, even if your condition worsens.
Before you accept a settlement offer, make sure you have a clear understanding of how long you are likely to be out of work, without benefits and what your future medical bills will be.
Ensure that you understand that you are foregoing your rights to future treatment and ongoing payments in exchange for one lump sum of money - so the amount of money you receive will be enough.
Working with an experienced lawyer who has a proven track record of success with workers' compensation cases is important. You should not accept an offer without first consulting with an attorney.
Your lawyer will be able to ensure that your best interests are being protected. He or she may also be able to get you a larger settlement.
Connect with an experienced and successful workers' compensation lawyer today!
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