A Settlement Amount Depends on the Injuries
Workers' compensation benefits are often paid without you giving up any rights through a settlement. However, you might consider settling a case for many reasons. Frequently, it is the best way to maximize the cash benefits you receive. Also, it can allow you to get out of the workers' compensation system and move on with your life.
Deciding to ask for and receive a settlement should be carefully considered, because it can have an effect on your future rights. It is a good idea to discuss a settlement with an experienced workers' compensation lawyer who will protect your rights. When you have questions, you are welcome to call the Eley Law Firm in Denver and talk with attorney Cliff Eley.
Call 720-279-9172 or e-mail an experienced Denver workers' compensation lawyer today for a free consultation.
What is a permanent impairment worth?
Impairment ratings, the need for future medical benefits, and other factors determine the amount of a settlement. Because no amount of money can change the impairment, it is difficult to determine precisely what the impairment is worth. Your treating doctor will determine if you have a physical impairment (or refer you to another doctor). The doctor will assign a rating based the AMA Guides.
Certain impairments are assigned specific values — for example, the loss of function in extremities, such as toes, feet, legs, fingers, arms, hands, eyes (vision) and ears (deafness). Injuries to the head, neck, back or torso receive a whole person impairment rating. Permanent total disability refers to a worker's inability to return to any type of work. Scars and other disfigurements also entitle the injured worker to benefits. This is also taken into account in determining the amount of a settlement.
Whatever your injury or impairment, talk to an attorney so that you fully understand your current and future rights if you decide on the settlement.
An attorney experienced in Colorado workers' compensation claims can answer your questions and protect your rights. Call us today at 720-279-9172 or e-mail us today to discuss your case.
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