Full And Final Settlements For Ohio Workers' Compensation Claims
The Benefits Of Settling An Ohio Workers' Compensation Claim
Depending on the circumstances of your injuries, it may be in your best interests to reach a lump sum settlement agreement for your workers' compensation claim. Although a full and final settlement may not be the right choice for everyone, things to consider include:
- A settlement offers a guaranteed benefit. This is important to consider if your injuries are incredibly serious or life-threatening as a workers' compensation claim expires upon your death.
- If your claim has stalled and has had little activity, it may be in your best interests to pursue a lump sum settlement to ensure that you receive compensation.
- You may give up your right to future compensation if you take a lump sum settlement. As your lawyer, I can explain how this will affect your situation.
- A workers' compensation claim can be obtained as an indemnity only settlement. This means that your medical claim can remain open even if you settle. In such cases, a settlement offer may be reduced to compensate for the medical component of the claim. I will explain the implications of a settlement as they pertain to injured individuals who are Medicare-eligible.
I Help Injured Workers Manage And Resolve Their Claims With The Ohio BWC and Ohio Self-Insured Employers.
To schedule a free initial consultation with me at my northeast Ohio law office, call 216-642-9007 or complete my online contact form to receive a prompt response from my staff.