Average Workers’ Comp Settlement For Wrist Injury in Michigan

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Average Workers' Comp Settlement For Wrist A Injury

Michigan attorney discusses average workers’ comp settlement for a wrist injury in Michigan and how to maximize value.

Most disabled employees are curious about the average workers’ comp settlement for a wrist injury in Michigan. The truth is that every claim is different, and it is hard to assign settlement value without understanding potential legal issues. How long will disability last? What future medical treatment is needed? Is the claim disputed?

About Workman’s Compensation

Employees hurt on-the-job are supposed to receive workman’s comp benefits. This includes payment of medical treatment and lost wages. Sometimes vocational rehabilitation is needed, and this should be covered as well.

About settlements

Our experience shows that most disabled employees want to settle their cases for a lump sum cash payment. This allows them freedom to get medical treatment without insurance company delay. It also allows them to put cash in the bank and find a new job within restrictions. Settlement money can be used to pay off debt, start a business, or simply retire.

The amount of settlement is going to be based upon how much the insurance company believes it must payout in future benefits. It is a business decision and the insurance companies does not want to overpay. Insurance companies look at age, extent of disability, and cost of future medical care. Other factors include how much a person earned at their job and transferable skills.

What is the average workers’ comp settlement for a wrist injury in Michigan?

While there is not a specific average workers’ comp settlement for a wrist injury in Michigan, most insurance companies will pay several years of wage loss benefits. Take your weekly check amount and multiple it by 52 weeks to calculate the yearly amount. 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. Again, every client, injury, and accident are going to be different.

Employees with these type of injuries usually have a difficult time finding new employment because they are often limited to one hand work. It is also common for them to undergo several surgeries throughout their lives. The best way to maximize settlement value is to hire an experienced lawyer who understands these issues. Medical and vocational evidence must be developed so the insurance company knows it must pay significant benefits. This means taking depositions of doctors and vocational experts when needed. It also means challenging unfair IME reports and post-injury wage earning capacity assessments.

Every situation is unique

Please remember that every situation is unique, so it is best to speak with an experienced lawyer before attempting to negotiate with the insurance company. Our experience shows that insurance companies lowball people who do not have lawyer and try to box people into bad negotiating positions. Do not accept the average workers’ comp settlement for a wrist injury in Michigan without understanding legal rights.

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.

Related information:

Workers’ Comp First Settlement Offer: What You Need To Know

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Author Bio Jeffrey Kaufman

Author
Jeffrey E. Kaufman
Michigan Workers Comp Attorney

Jeffrey E. Kaufman has extensive experience in workers compensation cases and has recovered millions of dollars in benefits for his clients. He believes all injured workers deserve to be on equal footing with insurance companies and employers, and fights tenaciously so their rights are secured and protected.


“Jeff also helped me with getting my Blue Cross bills paid. I would absolutely recommend him and the whole firm. Jeff and the firm did everything they were supposed to do for me and my case.”
Ricardo Perfetto

Hundreds of 5-Star Reviews

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Get Help From our Michigan Workers’ Comp Lawyers Today

You’re not alone. Our Michigan workers’ comp lawyers have been called the best in the state, and our clients love how they’re treated with care, respect, and responsiveness. We will give you the time you need, we will explain your legal rights, and we will always treat you with respect.

Our workers’ compensation and Social Security disability lawyers always put your needs first. Get to know your legal team.

Our attorneys post regularly about common issues related to workers’ comp, including common injuries, settlement calculations, laws, and more.

Injured? It’s Time to Get Some Answers

Don’t let the insurance adjuster push you around. Request your free consultation today.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Our attorneys post regularly about common issues related to workers’ comp, including common injuries, settlement calculations, laws, and more.

Our workers’ compensation and Social Security disability lawyers always put your needs first. Get to know your legal team.