What do I need to know before settling my workers’ compensation claim?

In New York State, many workers’ compensation claims end in a Section 32 settlement. This type of agreement allows people suffering from serious workplace injuries or occupational diseases to resolve their claim and (in most cases) receive a lump sum payment.

Questions to Ask

Whether you’re tired of dealing with your employer and their workers’ comp insurer, or hope to use the lump sum to pay off mounting medical debt, settling your New York State workers’ compensation claim can be an attractive proposition. However, there’s a lot to consider before accepting a Section 32 settlement.

• Have you reached maximum medical improvement? Has your doctor told you that your injuries are as good as they’re going to get with treatment? If not, settling may be premature, as the settlement may not cover the cost of future medical care.
• Do you accept the insurance company doctor’s evaluation of your injuries or illness? If not, it’s vital to consult an attorney, as this assessment can directly affect what the insurance company is willing to pay you.
• Have you weighed your claim’s strengths and weaknesses? If vulnerabilities in your claim make losing your workers’ comp hearing likely, accepting a settlement may be in your best interest.
• Are you sure you’re ready to settle? Most Section 32 workers’ compensation settlements are final, meaning that claimants give up the right to pursue any additional medical treatment, wage loss, or vocational rehabilitation benefits.

Consult Our Experienced Attorneys

When considering whether to settle your workers’ compensation claim, there’s far too much at stake to go it alone. At O’Connor Law PLLC, our skillful workers’ comp attorneys will build a strong case for benefits, negotiate aggressively on your behalf, and evaluate the settlement offers you receive to ensure that they meet your needs. Contact us today to schedule an appointment for a free initial consultation.