How is a settlement determined?
A settlement is appropriate when, after an injured employee reached maximum medical improvement, the employee retains a disability resulting from the work-related injury. The employee’s treating physician will determine in writing a percentage of Impairment and state the part of the body affected. This is called an “impairment rating.” There are many variables in the computation of a rating but the percentage will be based on standard criteria used by all physicians to determine the percentage of impairment retained. A Workers' Compensation Specialist can assist in figuring an appropriate range of settlement for vocational disability, however, the Specialist will need to know the exact wording the doctor used when giving the rating, percentage of Impairment the treating physician assigned, which body part was injured, and Employee's weekly compensation rate.