Attorney discusses workers’ comp settlement amounts for a shoulder injury in Michigan and how to maximize the value of a workman’s comp case.
We are frequently asked about the value of workplace injury cases. The truth is that every case is different, and it is hard to assign value without understanding the medical and vocational evidence. Some workplace injuries are more common than others and can be used for illustration purposes. Here is some information about workers’ comp settlement amounts for a shoulder injury in Michigan. Please remember that every situation is unique, so it is best to speak with an experienced lawyer about your own individual case.
How It Works
Employees hurt on-the-job are automatically entitled to workman’s comp benefits under Michigan law. This includes unlimited medical treatment without copays or deductibles. It also includes lost wages equal to 80% of an employee’s after-tax average weekly wage. Sometimes vocational rehabilitation is needed to transition to a new career, and this can also be covered.
Our experience shows that most disabled employees want to settle their cases. This allows them freedom to get medical treatment on their own terms and find a new job within their restrictions. This money can also be used to pay off debt, start a business, or just retire.
How Values Are Calculated
The workers’ comp settlement amounts for a shoulder injury in Michigan is going to be based upon how much the insurance company thinks it has to payout in future benefits. It is a business decision and insurance companies rarely overpay. They will look at age, extent of disability, and cost of future medical treatment. Other factors include how much a person earned at their job and transferable skills. It also possible the insurance company will do a labor market survey and reduce what it pays based upon wage earning capacity.
Employees with these injuries usually have a difficult time finding new employment because they are often limited to one arm work. It is also not uncommon for them to undergo several surgeries throughout their lives. Do not let the insurance company get away with minimizing value.
Understanding the value of a lump sum cash payment depends upon how long a disabled employee must remain off from work and medical needs. Estimate the amount of annual wage loss benefits by multiplying the weekly comp rate by 52. Insurance companies rarely pay more than 5 years of wage loss benefits upfront. It is also important to estimate future medical by looking at what type of treatment could be required in the future.
Average Workers’ Comp Settlement Amounts For A Shoulder Injury
While there are not specific workers’ comp settlement amounts for a shoulder injury, the average amount for being injured on the job in Michigan in 2019 was $58,641.58 according to the Workers’ Disability Compensation Agency. Again, every client, injury and accident are going to be different. We have seen disabled employees receive much more.
How To Increase Value
So how do you increase workers’ comp settlement amounts for shoulder injury in Michigan? The best way to maximize the value is to hire an experienced lawyer who understands the legal issues. Medical and vocational evidence must be developed so the insurance company knows it must pay. This means taking depositions of doctors and vocational experts when needed. It also means challenging unfair medical disputes and post-injury wage earning capacity assessments.
Michigan Workers Comp Lawyers never charges a fee to evaluate a potential case. Our law firm has represented injured and disabled workers exclusively for more than 35 years. Call (844) 316-8033 for a free consultation today.