Results 1 to 2 of 2
  1. #1
    Join Date
    Mar 2013

    Exclamation Settling Lifetime Medical for a Lump Sum Payment

    Hello everyone:

    Several years ago I injured my back on the job the case was settled with Life Time Open Medical. I have not returned to the previous Employer because I now have severe lower back and right leg nerve damage. I am presently waiting for a court date to see a judge over Disability as we all know is a long waiting game. Because of the waiting game I have loss my home of 10 years and pretty much everything I own. The Work Comp Insurance called me up a few weeks ago and they asked me if I would be interested in selling my Life Time Medical Benefits after the Dr informed them if I had another surgery it would cost them more then $50,000 for second surgery. I simply stated to the Insurance Company that it would depend on what your company is offering to me. I realize this is something I should not sell but because of the severe hard ship I am in I really don't have much of a choice. What would be a reasonable offer to sell it for? I also realize this is a touchy subject and that we do not always get what we think we should get and I know as for pain goes there is no amount of money that could ever replace my pain. They asked me how much would I take and I told them you shoot me sum figures and we would go from there. Any advice is appreciated. Thank You
    Last edited by ITCH; 08-27-2013 at 03:30 PM.

  2. #2
    Join Date
    May 2010

    Default Re: Selling Life Time Medical

    No way!!!

    Do not do it!

    Give them some totally ridiculous number!!!!

Similar Threads

  1. RSD, Lifetime Payments and Lump Sums
    By littlblus1 in forum Texas
    Replies: 7
    Last Post: 02-13-2012, 11:49 AM
  2. Lump Sum Payment
    By LisaBlue in forum New York
    Replies: 1
    Last Post: 10-22-2011, 11:37 AM
  3. Lump Sum Payment
    By edwin in forum Florida
    Replies: 5
    Last Post: 05-01-2011, 04:01 PM
  4. Should I Take Lump Sum Payment
    By wheeler in forum Kentucky
    Replies: 6
    Last Post: 07-20-2008, 05:44 PM
  5. Settling With A Lifetime Disability
    By robbie in forum Montana
    Replies: 1
    Last Post: 07-18-2008, 12:25 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Find a Lawyer