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  1. #1
    Join Date
    Mar 2010
    Posts
    15

    Default Settlement While Having Comp Continue to Pay Medical Bills

    Can I settle out of court now but work comp pay my medical bills for the rest of my life?????

  2. #2
    Join Date
    Mar 2010
    Posts
    15

    Default Re: Settlement

    Can anyone answer this question just want to know if I can settle and still get doctor bills paid

  3. #3
    Join Date
    Mar 2010
    Location
    Atlanta, GA
    Posts
    15

    Default Re: Settlement

    It is possible to leave medical payments open for a period of time, but lifetime is not likely. The incentive for the insurance company to settle is to pay out in a lump sum 70-90 percent of what the claim would likely cost over the future. The IC would never pay 100 percent because right now they are earning interest on the "reserve" on your case. Interest rates are so low right now, the IC needs to keep as many cases open as possible so they can continue to earn interest on all those open claims. Settlement is always a possibility, but it requires compromise on both sides. Lifetime medical is the sacrifice you would have to make in order to settle, but it depends on how much money they offer. It may not be much of a sacrifice at all...

    I hope this helped answer your question and good luck.

    Doug
    Douglas Rohan
    Georgia attorney specializing in workers' compensation for over 10 years
    www.castanandlecca.com

  4. #4
    Join Date
    Dec 2008
    Posts
    82

    Default Re: Settlement

    You need to look at future Care and expenses.
    I was offered under $50.000 for My Settlement when the future Medical alone would be in excess of $500.000.
    I understand that in Ohio it is almost impossible to settle and leave Medical open so I cannot Settle and am going for PTD.

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