Workers’ Compensation Settlements

If you’ve been injured on the job, you may be looking for the fastest way to receive much-needed benefits. If your employer’s insurance company has no concerns, they’ll offer you a plan with regular payments and an amount to cover your medical bills. You can accept their offer or request a one-time payment. You can also negotiate for a larger one-time payment or a settlement.

Skilled Negotiators Get the Maximum Benefits in Settling Your Workers’ Compensation Claim

Whether you pick a lump-sum payment or payment plan, it’s inadvisable to go it alone in negotiations with your employer’s insurance company. They will have several attorneys whose job it is to save the company money and make sure you get a lower amount of benefits. Consider hiring an attorney to assist you. At the law firm of Michael Burgis & Associates, P.C., we’ve helped thousands of people just like you from all over Southern California to get the maximum amount available given their circumstances.

Types of Settlements in Workers’ Compensation Negotiations

You can aim for two different types of settlements when negotiating with the insurer: the stipulation agreement and the compromise and release agreement. Each one has its benefits and weaknesses. Our work injury attorneys will look over your case and talk to you about your desires for the future. We’ll help you pick the most beneficial settlement, given what you’ve told us you most need and want.

Stipulation Agreement

This may be useful when you and your insurance company cannot agree on the degree of your injuries or whether you will need medical care for a substantial period. You and the insurer will come to an agreement on the percentage of your injury and the effect on your life. You’ll also agree on a regular payment to cover the costs of care. The amount will be locked in as if it were a court holding. Court may be the next stop if the parties cannot come to an agreement in time. A judge will determine what you should receive.

Compromise and Release Agreement

In this agreement, you negotiate with the insurer over a one-time payment amount. Agreeing to this releases the insurer from any obligation to pay additional money for medical care, should an issue related to your work injury come up later.

Choosing a Settlement Plan When Negotiating a Workers’ Compensation Claim Settlement

Which plan is best for you depends entirely on your circumstances. We’ll help you decide by presenting the research we’ve performed for each plan, what it will yield, and how each may help you. You’ll be presented with all available information. Once you give the green light, we’ll approach negotiations from a position of strength, and you can rest easy knowing that we’re going to work hard to get you the best possible outcome.

Work Injury Lawyers Settle Claims in Southern California

If you’re in the Pomona area and you’ve been injured on the job, contact our firm to find out how we can help with your Workers’ Compensation claim. Don’t wait until you’ve filed — call or contact us online as soon as you’ve reported your injury to your employer.

Hablamos Español!