WHAT ARE THE PHASES OF A WORKERS’ COMPENSATION SETTLEMENT?
If you’ve been injured at the workplace due to the negligence of your employer, you may have a valid case for a lawsuit. If so, the process may be long and expensive. If funding is tight, you might want to consider a Workers’ Compensation settlement loan from Glofin. Learn more about the many phases to a Workers’ Compensation case.
Phase 1-The Investigation
The first thing you should do if you feel you have a Workers’ Compensation case is meet with an attorney to find out if your case is valid. If you decide you feel comfortable with this lawyer, you would hire him/her by signing a contract and providing the personal information they need for their records. They would then open your file and assign you a case manager who will work with you and your lawyer on the case.
Over the next month, your lawyer will gather additional information such a as medical records and paperwork from the State Department of Workers’ claims or Industrial Commission (whichever applies to the state you live in) and also from the Workers’ Compensation insurance company of your employer. Once this info is received, your lawyer should contact you to check your status. Expect a call from your lawyer on a monthly basis to follow up on your medical situation and treatment procedures. This is where you will undergo treatment from your doctor and receive medical advice on how to help you recover. When you’ve recovered to the point where your doctor feels you will not recover any more, you’ve reached Maximum Medical Improvement (MMI). Then, your doctor will release you. Pending the release, your lawyer can start the next phase of your Workers’ Compensation case.
Once you have been released from your doctor’s care, whatever income benefits you have been receiving from your Workers’ Compensation insurance will cease. Next, your lawyer’s staff will begin working to get an Impairment Rating from your doctor, so that your lawyer can start the settlement negotiations on your behalf with your insurance company.
Phase 4-Settlement Negotiation
This phase is where your lawyer will start negotiations with your insurance company (or their attorney) for a Workers’ Compensation settlement that is reasonable and fair, under your State’s Workers’ Compensation law guidelines.
If your lawyer is unsuccessful on reaching a satisfactory settlement with the insurance company, then he/she will file a formal claim with your State Department of Workers’ claims and your case will be assigned to a judge for further review. Contact Glofin. today at (888) 667-1991 or apply below.
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