You Don't Have to Settle Your Case
You have the right to go to hearing to determine if your injury is covered by Virginia workers' comp laws. If your claim is compensable you will receive an award of lifetime medical benefits for all treatment that is reasonable, necessary, and related to the work injury. You have the right to keep this lifetime medical award and not settle. The bottom line is that you should go to a hearing if you don't like the offer. You should never feel coerced into accepting an offer.
Your Workers' Compensation Settlement is Tax Free
You don't have to pay taxes on your lump sum settlement.
Settlement is Final
Once the Virginia Workers' Compensation Commission approves your settlement, your case is closed. It cannot be reopened - even if your health deteriorates. If, however, you have a new accident or aggravation of the same body parts, then you can file a new claim for workers' comp benefits.
Your Claim Has Value Even If You've Been Released to Full Duty
You can settle your workers' comp case even if you've been released to return to full duty work. Your claim will still have value if the medical records show you suffered more than a minor injury.
Don't Let the Insurer's Artificial Deadlines Intimidate You
The insurer's deadline is not always firm. Even though insurance company's often try to create artificial deadlines to get you to accept their offer, my experience has been that you can usually get the same offer even after the artificial deadline has passed