Settlements

Previous Video                                                                  Next Video

Transcription

How much should your settlement be? This is a question that we hear a lot. The first thing to consider is what type of work injury you have. If you have a scheduled member injury, which is limited to your arm, hand, foot, leg, eye or hearing loss and do not qualify for the second injury fun, then the impairment rating is probably all the compensation you'll receive. The insurance company should voluntarily pay the impairment rating given to you by their doctor. And you should not have to sign any documentation or settlement documents in order to receive this. Keep in mind that these benefits can be paid to you weekly, but any amount that has accrued since you returned to work should be paid all at once. If you have an unscheduled member injury, or if you qualify for the second injury fun then there number of factors to consider besides your impairment rating, such as your permanent restrictions, age, education, if you've returned to your normal job, if you're making the same or more money along with many other factors. Generally the insurance company will pay your impairment rating, and sometimes will even offer you a little additional compensation. If you agree to sign settlement documents, which usually means ending your client, every case is different. So you should consult with a qualified Iowa workers compensation attorney to find out more about the value of your case. Keep in mind that in order to give you an accurate evaluation, the attorney will need to know the facts from you and probably review your medical records as well. The more information the attorney has, the better he or she can tell you about the value of your case. Also, keep in mind that it makes a difference who the judge will be that decides your case and that information is not available until a few weeks before your trial.

Corey Walker
Connect with me
With over 28 years legal experience, Corey has been recognized for his work as an injury attorney.