[Engineer20]

Last year I had a laminectomy and L5-S1 fusion and next month I am supposed to be fully healed and go in to get my impairment rating. After dealing with WC insurance for almost two years since they originally denied me and it took 4 attorney consultations and almost a year to get approved for surgery, I want to settle for impairment and future medical costs.

I am 24 years old and in the 60 or so years I have left it is highly likely I will need a subsequent surgery(s). Definitely don't want t deal with the process 20 or so years down the road.

How is the settlement amount determined in regards to the likelihood of future medical procedures?

Has anybody dealt with this or know how it works?

[1171]

Your attys have.
Look at your medical costs to date to get at estimate but costs tend to escalate as you get older.
Since you want it up front rather hen spread out in the future they will Discount it anywhere from a 25 to 35 %. But it really depends on which state laws control.

[Engineer20]

(04-17-2020, 06:47 PM)1171 Wrote: Your attys have.
Look at your medical costs to date to get at estimate but costs tend to escalate as you get older.
Since you want it up front rather hen spread out in the future they will Discount it anywhere from a 25 to 35 %. But it really depends on which state laws control.

Thank you for the insight. This would be for SC, so I'm not sure if the state limits the "discount".

[1171]

They might limit the discount on the disability portion But the medical is an unknown and is heavily discounted.