Getting a Lump Sum Workers' Comp Settlement
The workers' compensation act permits injured workers and their employers to negotiate lump sum settlements for both wage loss benefits and medical benefits. Often, this option is both efficient and effective for both parties.
However, there are situations in which a lump sum settlement does not make sense. At Abes Baumann, our attorneys have been handling workers' compensation cases for more than 25 years. We know when settlements work and when they don't. We will take great care to see that you only accept a settlement if it is truly in your best interest.
Settlements for Wage Loss Benefits and Medical Benefits
Lump sum settlements, legally known as compromise and release settlements, are available in different forms. The settlement can be for wage loss benefits only. The settlement can also be for wage loss benefits and medical benefits.
Should You Give Up Medical Benefits?
The law never requires an injured worker to give up medical benefits. However, many employers and their workers' compensation insurance companies have internal policies that require a person to give up medical benefits in order to obtain a settlement.
In many cases, giving up medical benefits simply does not make sense, particularly in those that involve severe injuries that will require extensive future care. Our attorneys have the experience to work with employers in Pittsburgh and throughout Pennsylvania to obtain a settlement that will meet your needs. We will not let you give up anything that is important to you and your future.
Contact Us for a Free Consultation
The vast majority of workers' comp cases are handled on a contingency basis. What this means is that you do not pay a fee unless our lawyers make a recovery for you.