Workers’ compensation, also known as occupational disease insurance, is a type of insurance that covers workers who become sick or are injured at their job. Medical costs, income replacement, and death benefits are some of the possible benefits available through this coverage. In most places, workers’ compensation is required by law, which implies employers must offer it to their employees.
What Is the Average Settlement for a Workers’ Compensation Claim?
The average settlement for a workers’ compensation claim will vary depending on the severity of the injury or illness, the jurisdiction in which the claim is filed, and other factors. Usually, settlements for workers’ compensation claims tend to be relatively low when compared to other types of personal injury claims. This is because workers’ compensation is designed to provide employees with a safety net of benefits rather than serving as a windfall for injured workers.
Several factors can affect the average settlement for a workers’ compensation claim. These include:
- The severity of the injury or illness
- The jurisdiction in which the claim is filed
- Whether the employee can return to work
- The amount of time the employee missed from work
- The employee’s age
- The employee’s earnings
In general, the more severe the injury or illness, the higher the settlement will be. This is because more severe injuries or illnesses tend to have a greater impact on an individual’s ability to work and earn an income. The amount of time an employee is off work will also affect the settlement amount.
Can I Recover Workers’ Comp AND also file a personal injury claim?
You cannot recover workers’ compensation and file a personal injury claim simultaneously. Workers’ compensation provides benefits to employees who are injured or become ill as a result of their job, including medical expenses, income replacement, and death benefits. Personal injury claims provide compensation to victims of accidents or negligence.
Workers’ compensation lawyers can help injured employees make the most of the benefits available through workers’ compensation. This includes ensuring that employees receive the medical treatment they need, helping to secure income replacement benefits, and advocating for the employee in negotiations with the insurance company.
Why Should I Hire a Lawyer?
The workers’ compensation system is designed to be fair to both employees and employers, but sometimes the process can be complicated, and it may be difficult to get the full benefits you are entitled to without the help of an experienced lawyer.
A lawyer can help you navigate the workers’ compensation system and ensure that you receive the benefits you are entitled to. Lawyers can also help you if your employer denies your claim or if you are not receiving the full amount of benefits you should be receiving. Give our law office a call at (225) 240-4053 for skilled legal assistance.