If you settle your entire case by Compromise and Release, the IC will send you a lump sum, less 15% which is sent to your attorney. In the C&R the IC generally pays medical liens, however depending on your case you may be obligated to reimberse certain benefits that you have received. This should all be spelled out in the terms of the settlement. You should therefore carefully review the terms of your C&R settlement with your attorney or the assigned judge if you do not have an attorney.n
Lump sum means one net payment. You receive +/- 85% of the gross, and your attorney gets a separate check for his 15% or so. As for any other deductions, you should discuss that with your Attorney (who is getting 15% of your money). Each case is different.
Attorneys are very competitive. Choose the Best Answer so we know who helped you the most.
If your injuries have kept or are expected to keep you out of work for 12 months or more, I sure hope you also applied for Social Security Disability benefits. If you have or if you do, please be sure to let your WC attorney so the WC settlement can be written to minimize the offset against your Social Security Disability benefits.
Best of luck to you.
Disclaimer Information on this site is provided by Brian Scott Wayson as general information, not legal advice, and use of this information does not establish an attorney-client relationship. If you have questions about your specific situation, please call an attorney.
Settling a case by way of a lump sum when Medicare is involved is complicated. With my office it takes a good hour consult to explain the prices when a MSA is involved, as well as, social security benefits
While I'm in OC I represent injured workers from Ventura to San Diego. You can call my office (714) 799-0543 or email me at firstname.lastname@example.org for more information. Consultations are free and to retain my office does not require any payment until the case is settled
Craig Wasserman, Esq