How does a Workers Compensation case get settled?

how does workers compensation work

How does a Workers Compensation case get settled?

There are two basic types of settlement: Stipulation with Request for Award; and Compromise and Release.

Stipulation with Request for Award is an open medical settlement. There is a “stipulation” or agreement about the percentage of permanent disability; the temporary disability paid; and that the insurance company will provide medical care for specific body parts for as long as you need it. If you go back to work for the same employer this is the most frequent type of settlement. A Stipulation with Request for Award is usually paid off in small payments every two weeks. In cases where the permanent disability is 70% or more, you will get payments for life. A Stipulation with Request for Award may be “reopened” by filing a petition to reopen within five years from the date of injury. Ordinarily, a petition to reopen... http://insurance-a.ucoz.com/news/how_does_workers_compensation_work/2013-07-03-4171