Colorado Workers’ Compensation Settlement Amounts
The settlement amount you receive for workers’ compensation will depend on your situation and your needs. An employee who is permanently disabled and unable to return to work will most likely receive a higher settlement amount than an employee who is able to return to work after treatment.
At the Eley Law Firm in Denver, we can provide you with a straightforward assessment of your case. With more than 30 years handling workers’ comp cases for clients throughout Colorado, attorney Cliff Eley has the knowledge, skill and resources to help you secure maximum compensation for your injury. This includes compensation to help you cover medical costs and lost wages.
What Types Of Compensation Can I Expect From Workers’ Comp?
There are a variety of benefits given to injured workers. The type of benefits you will receive will depend on the extent of your injuries and your needs. This may include:
Medical benefits — The workers’ comp insurer will cover costs for your medical treatment through an authorized treating physician (ATP), chosen by the insurer.
Lost wages — You may receive up to two-thirds of your previous wages, up to a specific limit. That limit is adjusted annually.
- Permanent partial disability (PPD) benefits — If you are unable to return to your previous job, but may be able to work in another type of employment, you may be able to receive this type of benefit. The amount you will receive is based on your disability rating.
- Permanent total disability (PTD) benefits — If you are unable to return to your job or any other job, you may be eligible for PTD benefits. This would entitle you to two-thirds of your previous wages for the remainder of your life. There is a maximum amount for this type of benefit, similar to lost wage benefits.
Additionally, you can choose to receive your settlement over time or in a lump-sum payment. When you work with our firm, we can help you determine the settlement amount you are entitled to, and we will work diligently to ensure you receive maximum benefits for your work injuries.
Contact Our Law Firm About Workers’ Compensation Settlement Amounts In Colorado
To speak with a lawyer about your settlement amount and your right to workers’ compensation, contact Eley Law Firm online for a free consultation. You may also call us at 720-759-3064. We look forward to hearing from you about your claim.