Workers Compensation - Workmans Comp Service Center







Hello There, Guest! Register

Important Notice: We have deployed some new anti-spam measures that have enabled us to once again allow registration with a simple email verification. However, please do not hesitate to report suspected spam threads should they arise.

Spammers take note - your posts, if successful, will not last here. Our community is vigilant in identifying and reporting spam posts for IMMEDIATE removal. Don't waste your time!

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
What's the formula for figuring out settlement ratings?
03-16-2008, 10:47 PM,
What's the formula for figuring out settlement ratings?
For instance, if both of my arms are found to be 20% loss, then how do I figure out settlement amount? I made about $700 a week.

Isn't it like x 500 weeks or something?
03-17-2008, 01:01 AM,
RE: What's the formula for figuring out settlement ratings?
it is all decided by your state rules should be listed someplace on the state site ..

go to top of this page and click on state infro
03-17-2008, 09:21 AM,
RE: What's the formula for figuring out settlement ratings?
Not all states have formulas.
03-17-2008, 11:53 AM,
RE: What's the formula for figuring out settlement ratings?
no if your whole body is 20% and YOUR STATE pays a max of 500 weeks it would be 20% of 500 or 100 times your PPD so saying what ever they are paying you a week now times 100 now there are variables in that hundreds of variables in it.......minus lawyer fees some IME fees that your lawyer ordered some lawyers have other fees added in to subtract....your settlement could be nothing it could be thousands....are you already getting PPD payments till you settle? if so you are burning up any lump sum.......will do sign away your medical? if so more could be added for is impossiable to tell you an exact dollar amount.....66 percent of 700 is saying a base amount of 46,200.....minus lawyer fees doc fees court fees ect...not near what we expect for such life changing boo it
........I love cats, I just cant eat a whole one by myself......


Possibly Related Threads...
Thread Author Replies Views Last Post
  Ratings tbrghtmn 6 731 01-17-2015, 08:13 PM
Last Post: tbrghtmn
  rating formula johnny1999 1 1,058 03-01-2014, 11:54 PM
Last Post: 1171
  Stacking of PPD ratings in WA?? doglover61 4 2,874 11-17-2013, 12:13 AM
Last Post: doglover61
  Wrong ratings, etc. bethsha211 3 2,639 08-13-2011, 05:37 PM
Last Post: bethsha211
  Work Comp SSDI Offset-Hartman formula kong 4 6,706 08-05-2011, 04:33 PM
Last Post: kong
  Disability ratings Safecracker 3 4,418 11-28-2010, 09:15 PM
Last Post: 1171
  2 impairment ratings hurting in tn 5 5,575 06-03-2010, 03:30 PM
Last Post: Bad Boy Bad Boy
  Impairment Ratings Mariannerita 14 16,284 01-26-2010, 05:13 PM
Last Post: Bad Boy Bad Boy
  AVERAGE $$ VALUE OF PPD RATINGS IN CALIFORNIA 1171 13 16,243 01-26-2010, 01:08 PM
Last Post: bronco54501
  Figuring Actual Income for TTD benefits st. clare 2 2,936 12-10-2009, 12:28 AM
Last Post: kit

Forum Jump:

Users browsing this thread: 1 Guest(s)