Can You Negotiate a Workers’ Comp Settlement in Chicago?

The workers’ comp system in Chicago is highly formulaic, providing set amounts based on various factors. Due to this formulaic system, you may feel like you have no control over your final settlement. But do you really have to accept what your insurer or employer is offering? Could you instead work with a Chicago workers’ compensation lawyer and negotiate a higher sum?

Severe Injuries Often Lead to Lump-Sum Settlements

Technically speaking, you have the right to request a lump-sum settlement for your workers’ comp claim at any time. However, a settlement usually doesn’t make sense for minor injuries that heal relatively quickly. Workers generally prefer to receive periodic compensation for lost wages until they can return to work. They also tend to collect receipts for medical bills and submit them for reimbursement over time.

On the other hand, it may help to receive a lump-sum settlement for a career-altering, severe workplace injury. Both parties may prefer to settle the case in this manner, and insurance companies usually try to avoid the burden of long-term payments over time. Injured workers also prefer this outcome, as a lump-sum payment gives them more flexibility and freedom compared to periodic, gradual compensation.

Whatever happens, you should consult with an experienced workers’ comp attorney before accepting a settlement offer. Even if the sum you stand to receive sounds high, you could be eligible to receive much more.

It’s Not All About Pushing for Higher Sums 

Effective negotiation focuses on your unique needs, and not just the amount of money you stand to receive. For example, Illinois workers’ compensation may provide vocational rehabilitation in addition to monetary compensation. This benefit allows you to re-train and recertify after an injury, potentially allowing you to adjust your career path and continue being successful. Your lawyer can help you push for this benefit in addition to a higher settlement amount.

You Might Be Eligible to File a Personal Injury Claim Instead 

You should also know that a workplace accident could lead to a personal injury claim instead of a workers’ comp claim. This could be a possibility if you are injured by a third-party contractor. You might also file a claim if you were injured by a negligent driver while operating a work vehicle. Finally, a defective tool could lead to an injury claim if it injures you at work. You can definitely negotiate personal injury settlements, and this is something you might want to discuss with your attorney.

Maximize Your Workers’ Compensation Settlement With Connolly Injury Law 

If you’re ready to get the most out of your workers’ comp settlement, consider a consultation with an experienced workers’ compensation lawyer in Chicago. These legal professionals may be able to help you negotiate for a higher, fairer settlement. That being said, each case is slightly different – and online research may not provide the specific answers you’re looking for. Discuss your unique situation with Connolly Injury Law today.

Sources: 

iwcc.illinois.gov/

illinois.gov/agencies/agency.iwcc.html