Workers' compensation settlements are agreements between an injured employee and their employer or the employer's insurance company to resolve a workers' compensation claim. The process typically involves the following steps:
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Filing a claim: The injured employee must file a claim with their employer or the employer's insurance company. This claim must include details about the injury and the employee's lost wages and medical expenses.
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Investigation: The employer or insurance company will investigate the claim to determine if it is valid and if they are responsible for the employee's injuries.
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Negotiations: If the claim is accepted, the parties will begin negotiating a settlement. This may involve discussions about the employee's lost wages, medical expenses, and any other damages they have suffered as a result of the injury.
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Settlement agreement: Once the parties reach an agreement, they will sign a settlement agreement. This agreement will include the terms of the settlement, including the amount of money the employee will receive and any other terms such as any future medical treatment or payment for lost wages.
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Release: Once the employee accepts the settlement and signs the release, the employer or insurance company will make payment in accordance with the terms of the agreement. The employee will be barred from pursuing any further action against the employer or insurance company for the injury or illness.
It is important to note that the process of negotiating a workers' compensation settlement can be complex and time-consuming, and it is often helpful to have an experienced Connecticut workers compensation attorney help with the process. Statistics show that claimants that are represented by alawyers have larger workers comp settlements than those that go it alone.
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