Lump Sum Settlements

Many times, workers’ compensation claims never go through full litigation to a decision by a Judge. In fact, the majority of work injuries never reach judicial decision.  Workers Compensation claims often result in a lump sum amount of money, called, a Compromise and Release, which effectively ends the workers compensation claim.

You have likely heard or a friend has talked to you about settling your case. It is a critically important decision BECAUSE OF THE IMPACT ON YOUR LEGAL RIGHTS provided by the Pennsylvania Workers Compensation Act. It is important that you have all the facts to determine if it is the right time or if you should settle your claim at all.  It may very well not be the right time to settle your claim.  Remember, when it is settled, it is done, it is final.

Another very important note is never accept a settlement offer without discussing it with an attorney.  The insurance carrier will always short change you and not offer you the true value of your case.  With Mooney & Associates, you can be sure we will fight for a reasonable and fair settlement FOR YOU, not them.  Consultations with our Workers Compensation attorney are FREE.

If you meet one of the following criteria, then settling your claim MIGHT be for you. However, it is important you contact us at Mooney & Associates to discuss your options, get a settlement evaluation, and discuss whether it is right FOR YOU!

If you:

  1. Have been on workers compensation benefits for six or more months?
  2. Have a treating doctor telling you that you will never do your pre-injury job again or has provided you permanent work restrictions?
  3. Are tired of the workers compensation hassle?
  4. Are totally disabled from the work injury?
  5. Your doctor has told you that you have reached maximum medical improvement (MMI)?
  6. Are out of work because of your injury, but have been laid off, terminated, or your employer closed?

If any of these apply, then it doesn’t hurt to get a free settlement evaluation.

Settling a claim can be complex. It isn’t just about the money. What about your future health care costs? What about future, scheduled treatment? What about private insurance, Medicaid or Medicare liens in which they may have paid for work related expenses? What about out of pocket medical expenses you paid?  What about any other potential offsets you may have to pay back?  Insurance carriers will try and skirt these expenses as well as short change you on lump sum amounts. You get one shot to settle your claim. One shot only! Once it is settled, it is done, forever.

Just because you fit into one of the six criteria above may not make settlement right for you. We can help answer your questions regarding settlement. So don’t go it alone. It costs nothing to get your questions about settlement answered. Contact Mooney & Associates right now for your FREE consultation at 1-877-632-4656 or 717-200 HURT.

We have thirteen local offices for your convenience.  They are located in Greencastle, Mercersburg, Chambersburg, Shippensburg, Carlisle, Harrisburg, Halifax, Duncannon, York, Hanover, Gettysburg, Stewartstown, and Lancaster.