What Is A Workers’ Compensation Settlement?
Some individuals who have been injured in a workplace accident may receive a lump-sum workers’ compensation settlement. But this does not happen all the time. The Boston law office of Dane Shulman Associates, LLC, represents injured workers who are seeking these benefits.
Free consultation: Questions about your Massachusetts workers’ comp settlement? Please send us an email and we will respond to you personally.
Who Approves Workers’ Comp Settlements?
You have probably heard that workers’ compensation will cover medical costs and a percentage of your lost wages for a period of time. What you may not have heard is that in some cases, the Massachusetts Department of Industrial Accidents (DIA) (the government organization responsible for handling workers’ comp claims on the state’s behalf) will approve a lump-sum settlement of your claim. This typically happens when you are disabled as a result of the workplace-occurring neck or back injury or any type of injury.
Eligibility For Benefits By Settlement
Judges or conciliators at the DIA may approve an offer of a lump-sum settlement by a workers’ compensation insurance carrier if the judges or conciliators consider it to be in your best interests.
Determining whether it is in your best interest to accept a lump-sum settlement can be a complicated and delicate matter. Our workers’ compensation lawyers have a reputation for providing candid counsel in a difficult time.
Among other things, if you are offered a lump-sum workers’ comp settlement from your employer’s workers’ compensation carrier, you may need to have a clear plan of how you will make a living after weekly checks stop. Questions of timing are also important. Our Boston workers’ compensation attorneys welcome your call or e-mail requesting a free initial consultation so that we can help you understand the issues at play in your pending decision to accept or reject a lump-sum settlement after a workplace accident.