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Who actually pays settlement?
#1
I'm located in illinois and after speaking with my employer I found out that WC had contacted them and informed them that they were legally bound to take me back regardless of what my treating physician said due to the fact that an IME released me with no restrictions, and if they didn't make a place for me that I was going to wind up with a wage differential and that my employer would be the one paying for it. Up to this point comp has covered all medical bills and ttd payments so I'm assuming this is a scare tactic used against employers. I'm not 100% sure though so I need to know what to tell them.
 
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#2
delete please thanks billy
 
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#3
Ya I'm sure the premiums would rise but they told them that they would actually have to pay the settlement out of their own pocket. I was 27 when I was injured and making good money so a wage differential for me if all I can find is a minimum wage job would be a sizable amount and my employer is scared to death.
 
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#4
delete please thanks billy
 
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#5
So with no differential they just patch you up and send you on your way and who cares if you just took a 50k a year pay cut?
 
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#6
delete please thanks billy
 
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#7
(12-06-2012, 08:29 PM)Stormy Wrote: I'm located in illinois and after speaking with my employer I found out that WC had contacted them and informed them that they were legally bound to take me back regardless of what my treating physician said due to the fact that an IME released me with no restrictions, and if they didn't make a place for me that I was going to wind up with a wage differential and that my employer would be the one paying for it. Up to this point comp has covered all medical bills and ttd payments so I'm assuming this is a scare tactic used against employers. I'm not 100% sure though so I need to know what to tell them.

unless the employer is self-insured the carrier can only collect premiums from the employer.
there are various types of policies and some have high "re-capture" clauses allow the premium to rise dramatically as the cost of their claims increase.
Reminder :
........Each state has their own comp system; POST YOUR STATE to get accurate information. Use the search feature to find information from similar questions.
THANKS FOR POSTING.
 
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