Last Updated: 9/6/2023
The only way to really know if your Iowa Workers' Compensation settlement is fair is to have it evaluated by an Iowa Workers' Compensation lawyer who has a full understanding of your accident, injuries and the long-term effects it will have on your ability to work.
If you have suffered a work injury in Iowa, and you have filed a Workers' Compensation claim, there are several different types of settlements that you may receive. Some of the types of settlements include:
- An Agreement for Settlement - You and your employer agree to the amount of compensation. This usually involves continuing weekly benefits and ongoing medical care.
- A Compromise Settlement - There is a dispute over your entitlement to benefits and a settlement is filed with the Workers' Compensation Commissioner. In this case, approval of a compromise settlement ends both parties' future rights to any benefits for the settled injury including future medical care and treatment. This usually involves a lump-sum payment.
- A Contingent Settlement - A settlement is contingent upon specified terms. If these terms are not met, the settlement may be revoked. This is generally used when a court or Medicare must also approve a settlement.
With so many possibilities for compensation after a work injury, it is difficult for you to know whether a settlement is fair. Therefore, the best thing to do is to get the professional advice of a Workers' Compensation lawyer. An Iowa Workers' Compensation lawyer can investigate the details of your work injurys, and do their best to estimate the value of your claim.
Contacting an Iowa Workers' Compensation Lawyer
An injury in the workplace can have devastating consequences. The Workers' Compensation lawyer team at Walker, Billingsley & Bair work hard to level the field between injured Iowans and insurance companies. To learn more about what our legal team will do to help you protect your Iowa injury claim, contact Walker, Billingsley & Bair to schedule a no-cost consultation - (888) 435-9886