Michigan lawyer discusses average workers’ comp settlement for back injury and how to get the highest offer.
We have represented many people with severe back problems. Some of the most difficult workers’ comp cases involve multiple surgeries and lifetime restrictions. A lump sum cash payout is a good option for people who cannot return to their jobs and want to move on with their lives. Money can be used for any purpose including medical treatment, education, retraining, paying off debt, and retirement. Here is what everyone should know about the average workers’ comp settlement for back injury.
About the calculation
Insurance companies are smart when it comes to calculating the average workers’ comp settlement for back injury. They do not want to overpay and look for ways to save a buck. This often comes at the expense of employees hurt on-the-job. Ultimately, the amount awarded is going to depend upon how much work injury benefits are needed to be paid in the future. This includes money for medical treatment, lost wages, and vocational rehabilitation.
The only way to calculate the average workers’ comp settlement for back injury is by examining medical and vocational evidence. It is important to get an estimate of future medical costs from a treating doctor. The weekly comp rate must also be checked so that it accurately reflects what an employee was making before he or she got hurt. Watch out for insurance companies who use biased medical or vocational reports to minimize what needs to be paid under workers’ comp.
Statistics published by the Workers’ Disability Compensation Agency show the average payout amount for a work-related injury was just $58,641.58 in 2020. This is not a lot of money for someone with severe back problems. Many of our clients get more than average when medical and vocational evidence shows continuing need for workers’ comp benefits.
We think every back injury claim should be treated like it will eventually go to trial. This means having a doctor who will support medical causation and disability. Do not count on the independent medical examination (IME) if benefits get cut-off. Find a doctor who will say problems are work-related and give work restrictions.
Double Check The Math
It is also important to double check insurance company math. The value of your case is going to depend upon how much needs to be paid and for how long. We recommend getting a copy of wage records to verify the correct amount is being paid. The calculation should include money for overtime, discontinued fringe benefits, and even second jobs that cannot be performed anymore. Disabled employees should receive 80% of the after-tax average weekly wage.
We recommend hiring a lawyer who can help develop medical and vocational evidence. This will ensure more than average workers’ comp settlement for back injury. Attorney fees are quickly made up by higher offers and more money paid.
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.