Workers Compensation Research Institute (WCRI) publishes new study investigating how lump-sum settlements affect Michigan workers.
We have blogged in the past about workers compensation settlements and were fascinated to see a new study published on this topic. WCRI, the author of the study, describes itself as “an independent, not-for-profit research organization providing high-quality, objective information about public policy issues involving workers’ compensation systems.”
WCRI followed the experience of 2,138 workers who were injured in Michigan in 2004. It asks the question whether lump-sum settlements discourage people from returning to work. The study found that lump-sum settlement may actually assist rather than discourage a return to work. You can read the WCRI press release here.
Our two cents about settlements
There are numerous reasons why a person decides to settle his or her workers compensation case. Our experience shows that the most important is to get closure. Many people cannot move on with their life until after their case is done.
In addition, a settlement allows a person the freedom to do their own medical treatment and vocational rehabilitation. Anyone with a disputed work comp claim can tell you about the challenges of getting proper medical care. Recent amendments to the Act have also turned vocational rehabilitation from a benefit into a weapon for the insurance industry.
Most people want to recover from injury and get back to gainful employment. A settlement allows them the chance to recover on their own terms.
Where to turn for help
Our law firm works with individuals who are being paid voluntarily or who have had their benefits disputed. We can help you understand your legal rights and assist in negotiating a settlement of your claim.
There is no charge unless you are successful and the fee can be as little as 10% of your settlement if you are being paid voluntarily. To speak with one of our Michigan workers compensation lawyers, call (855) 221-2667 for a free consultation.
– Alex Berman is the founder of Michigan Workers Comp Lawyers. Hes been representing injured and disabled workers exclusively for more than 35 years. Alex has helped countless people obtain workers compensation benefits and never charges a fee to evaluate a case.