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settlement is it fair
#1
was offered 161,000 for herniated and buldging disc also been diagonsed with depression, presently out on 75pct disability, have 9 years left on wc case should i accept settlement ! is it fair or should i get rated and go for the 350 weeks ! i started off t 800 a week now at 75pct getting 600 a week so if i get rated for non schedule and it comes in at 62.5 pct thats 375 weeks would that be at my rate of 800 a week x 375 weeks or would it be at 62.5pct of 800 a week x the 375 weeks any help would be appreciated
 
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#2
(03-20-2016, 03:36 PM)willie davis Wrote: was offered 161,000 for herniated and buldging disc also been diagonsed with depression, presently out on 75pct disability, have 9 years left on wc case should i accept settlement ! is it fair or should i get rated and go for the 350 weeks ! i started off t 800 a week now at 75pct getting 600 a week so if i get rated for non schedule and it comes in at 62.5 pct thats 375 weeks would that be at my rate of 800 a week x 375 weeks or would it be at 62.5pct of 800 a week x the 375 weeks any help would be appreciated

it might be fair in alabama but not so fair in massachusettes it all depends on what benefits your state allows.
there is not one set of benefits for every state in the US. without knowing your state whose to say what is fair? what's your state?

I assume you are just referring to a settlement of the disability portion and not including a buyout of all benefits including medical.
settlements are the specialty of  lawyers; do you have one?
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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#3
if you don't provide more information, i can't help you.
what state is your claim in?
do you have an atty?
do you need treatment?
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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#4
(03-22-2016, 12:53 PM)1171 Wrote: if you don't provide more information, i can't help you.
what state is your claim in?
do you have an atty?
do you need treatment?

its new york state
 
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#5
(03-24-2016, 05:16 PM)willie davis Wrote:
(03-22-2016, 12:53 PM)1171 Wrote: if you don't provide more information, i can't help you.
what state is your claim in?
do you have an atty?
do you need treatment?

its new york state

medical will be closed have herniated disc - also buldging disc- also suffer from bad depression from this injury
 
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#6
(03-24-2016, 05:18 PM)willie davis Wrote:
(03-24-2016, 05:16 PM)willie davis Wrote:
(03-22-2016, 12:53 PM)1171 Wrote: if you don't provide more information, i can't help you.
what state is your claim in?
do you have an atty?
do you need treatment?

its new york state

medical will be closed have herniated disc - also buldging disc- also suffer from bad depression from this injury
 
Reply
#7
(03-20-2016, 06:06 PM)1171 Wrote:
(03-20-2016, 03:36 PM)willie davis Wrote: was offered 161,000 for herniated and buldging disc also been diagonsed with depression, presently out on 75pct disability, have 9 years left on wc case should i accept settlement ! is it fair or should i get rated and go for the 350 weeks ! i started off t 800 a week now at 75pct getting 600 a week so if i get rated for non schedule and it comes in at 62.5 pct thats 375 weeks would that be at my rate of 800 a week x 375 weeks or would it be at 62.5pct of 800 a week x the 375 weeks any help would be appreciated

it might be fair in alabama but not so fair in massachusettes it all depends on what benefits your state allows.
there is not one set of benefits for every state in the US. without knowing your state whose to say what is fair? what's your state?

I assume you are just referring to a settlement of the disability portion and not including a buyout of all benefits including medical.
settlements are the specialty of  lawyers; do you have one?

i do have an attorney and he thinks its good to settle
 
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#8
if you are entitled to the maximum, then that will be the payout rate.
one consideration in determining which option to take is that one is paid in a lump sum while the other is paid incrementally (although you can ask the court to allow a lump sum from a non-scheduled award- use form c22).
it also depends on how sure you are of getting a rating that's worth more then the offer.
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.
 
Reply
#9
(03-24-2016, 06:19 PM)1171 Wrote: if you are entitled to the maximum, then that will be the payout rate.
one consideration in determining which option to take is that one is paid in a lump sum while the other is paid incrementally (although you can ask the court to allow a lump sum from a non-scheduled award- use form c22).
it also depends on how sure you are of getting a rating that's worth more then the offer.

thanks i am just not sure what to do my original payment started at 800 my doctors surgeon chriopractor therapist and physicrist have me out 100 percent their therapist has me out 100 pct and their orthopedic doctor has me out 50 pct so what do u think would be fair i have 8 1/2 years left
 
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#10
(03-24-2016, 06:51 PM)willie davis Wrote:
(03-24-2016, 06:19 PM)1171 Wrote: if you are entitled to the maximum, then that will be the payout rate.
one consideration in determining which option to take is that one is paid in a lump sum while the other is paid incrementally (although you can ask the court to allow a lump sum from a non-scheduled award- use form c22).
it also depends on how sure you are of getting a rating that's worth more then the offer.

thanks i am just not sure what to do my original payment started at 800 my doctors surgeon chriopractor therapist and physicrist have me out 100 percent their therapist has me out 100 pct and their orthopedic doctor has me out 50 pct so what do u think would be fair i have 8 1/2 years left
 i am in new york
 
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