Workers’ Compensation Settlements in Henderson

Injured workers in Henderson may be entitled to financial support through the state’s workers’ compensation system. While these cases can devolve into litigation, reaching a negotiated conclusion with the insurance company is often possible.

Workers’ compensation settlements in Henderson may be difficult to secure, even when the need for benefits seems obvious. You could achieve your desired outcome with the help of a dedicated workplace injury attorney.

What Benefits Are Available?

A settlement will include several benefits related to treating a work-related injury. These can include covering the cost of medical bills and providing direct financial support for those unable to work.

Medical Benefits

One of the most important aspects of a workers’ compensation claim is that the insurance company will pay for medical bills directly related to a workplace injury. This is far more convenient than paying bills out of pocket and asking for reimbursement.

Lost Income Benefits

A worker may also be eligible for disability benefits designed to replace their lost wages while they are too hurt to work. These benefits represent a portion of the wages a person would have earned had they been able to work. The extent of these payments depends on the severity of the injuries and the likelihood of a full recovery.

How Long Does It Take to Settle a Workers’ Compensation Claim?

The time frame for resolving these cases can vary significantly. Every injury is different, and the same is true of how employers and insurance companies respond to claims.

Many factors can affect how long it takes to resolve these cases through a mutual settlement agreement. In some situations, it might only be a matter of weeks. In others, it can take months or years for the sides to reach an agreement.

Understanding the factors that can impact how long these cases take to resolve is helpful. Some of the most common reasons include:

• The severity of injuries
• Disputes over pre-existing conditions
• Allegations of fraud or horseplay
• Whether the employer disputed a claim
• Whether a worker has reached maximum medical improvement

In general, workers’ compensation cases in Henderson settle faster when injuries are relatively minor. When more extensive medical treatment is needed, the claim can take longer to resolve.

Types of Settlements

Different settlement options are available when it comes to workers’ compensation claims in Henderson. The parties have options, including agreeing to a single payment or an ongoing obligation.

The parties might agree to a compromise and release. This is a settlement approach where the insurance company offers a lump sum to the worker in exchange for a waiver of any future claims.

Alternatively, both sides might agree to a stipulated award, which includes the insurance company’s promise to pay future medical costs even if they are ultimately more than initial expectations.

Ask a Lawyer in Henderson About Workers’ Compensation Settlements

You have the chance to work out a settlement in your workers’ compensation case, but the process is not always simple. Insurance companies and employers may work tirelessly to keep you from getting the outcome you deserve. Let an attorney who fights for Nevada victims help you secure a workers’ compensation settlement in Henderson. Contact us today for a free consultation.