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What does it mean to “settle” a case?

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What does it mean to “settle” a case?

What does it mean to “settle” a case?

Essentially, settlement translates to a closure of the case. Generally, the Employer/Insurer will pay the injured employee a lump sum of money to relieve them of any past or future liability. The decision to settle a workers’ compensation must be a mutual one. The injured worker and the Employer/Insurer must agree to settle the case.

From the Employer/Insurer’s side, it is strictly a business decision. From the injured workers’ perspective, it may be more complicated as he or she may be giving up future medical treatment, employment, and future benefits. Therefore, careful consideration must be given to settling a case. Consideration of “real life” circumstances must be addressed. Many clients “need” the money as soon as practicable so that they can save their house, car, or pay for their kids schooling. Insurance companies understand this and they may use it to drive a “better bargain” for their stockholders. Also, the injured workers must consider how they will pay for future medical treatment once the case closes. Generally, the Employer/Insurer will insist that all future medical treatment be the responsibility of the injured worker.

For more information, call us today at 404-355-3431.

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Have you or someone you love been hurt at work? There are certain deadlines in the Georgia Workers’ Comp system. Fill out the contact form below for a free consultation to examine your rights, or call us at (770) 637-0105, even if you’ve been denied benefits.

    * We value your privacy, all information is kept  strictly confidential.

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    14 Lenox Pointe NE
    Atlanta, GA 30324

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    Ramos & Law

    14 Lenox Pointe NE Atlanta, GA 30324

    Free Consultation
    FILL OUT THE FORM BELOW TO GET IN TOUCH!

    Have you or someone you love been hurt at work? There are certain deadlines in the Georgia Workers’ Comp system. Fill out the contact form below for a free consultation to examine your rights, or call us at (770) 637-0105, even if you’ve been denied benefits.

      * We value your privacy, all information is kept  strictly confidential.