What happens after you reach MMI?
What happens after you reach MMI?
Once MMI is reached, the injured employee must choose between a final lump sum settlement or ongoing benefits. If they are offered a settlement, they must sign a release, forfeiting their rights to any future claims.
Do you get a lump sum from workers comp?
If you have a permanent impairment as a result of a workplace injury or illness, you may be entitled to receive a lump sum payment as compensation. This is in addition to weekly payments and medical and related expenses that may generally be available through the workers compensation system.
How do you negotiate a workers comp settlement?
Steps in a Workers’ Compensation SettlementYour lawyer drafts a demand letter (approved by you) to send to the insurance company. When the insurance company receives the letter, they will make a counteroffer, and negotiations will begin.You and your lawyer will negotiate back and forth with the insurance company.
What should I not say to my workers comp adjuster?
As a general rule of thumb, you should never discuss anything except the basic facts of the accident, including where it occurred, the date and time it occurred, what type of accident it was, and which body parts were injured.
How long does it take for workers comp to offer a settlement?
six to eight weeks
