Nevada Workers Comp Settlements
Nevada workers comp settlements are a way for an injured worker to receive their full compensation benefits without having to go through the hassle of filing a lawsuit.
The amount of money a person receives will be determined by the severity of their injury and the effect it has on their ability to earn a living.
Open File Settlements
Many Nevada workers comp settlements are open file, meaning that the injured worker can still apply for additional benefits at any time. These benefits include medical treatment, permanent disability benefits, and vocational rehabilitation.
For example, if you have a shoulder injury that resulted in a partial disability, your doctor may recommend that you return to work with restrictions. These restrictions may limit your ability to perform light-duty work or even find other employment.
When this happens, the insurance company will usually deny your request for more compensation. However, it will still be possible to reopen your claim once the doctor certifies that your condition is worse than before.
An experienced Nevada workers comp attorney can help you determine whether you qualify for these additional benefits. He or she will also ensure that you receive a fair and sufficient amount of compensation. If you would like to discuss your situation, contact our office today. We are committed to helping injured workers recover the compensation they deserve.
Closed File Settlements
If you suffer a work-related injury in Nevada, you may be entitled to workers comp settlements. The total value of these settlements varies from case to case, but generally includes medical treatment costs as well as wage replacement benefits.
The goal of a settlement is to reach an agreement between the injured worker and insurance company that resolves all of the issues related to the work-related injury, including any outstanding permanent disability or vocational rehabilitation benefits. In most cases, this outcome results from negotiation between the injured worker and the insurance company.
Sometimes, settlements are finalized through a full Compromise and Release, which also typically limits future claims for further medical care in some states. This type of settlement may be difficult to reopen in the event that your medical condition worsens.
As the name implies, partial commutation is when an injured worker accepts less compensation than they would have received had they pursued a full claim. In a Nevada workers comp settlement, the lesser amount may be in the form of a lump sum payout, a portion of a permanent partial disability award, or a combination of the two.
Partial commutation is not for the faint of heart, but it is an interesting option that has been around for decades. The best part is that the smaller portion of your compensation package remains intact for you to collect and recoup. It’s a good idea to have an attorney on your side to make sure all of your claims are handled in the most efficient manner possible. A top-notch workers comp attorney can make all the difference in your claim and your future. Contact Bighorn Law today to get the legal assistance you need. The most important thing is to take the time to properly evaluate your options and ensure that you are treated fairly and without fear of being taken advantage of.
Mediation is a process in which a neutral third party assists disputing parties to reach an agreement. It is a voluntary, confidential and cost-effective alternative to litigation.
During mediation, each party has a chance to express their concerns and negotiate with the other party about how to settle their case. The mediator is not a decision-maker and is only there to assist the parties in communicating their needs and reaching an agreement.
If you reach an agreement in mediation, the mediator will write it down and ask all of the parties involved to sign it. Then the document becomes a legal contract that is enforceable in court if there is any disagreement in the future.
The law governing mediation differs from state to state. Some states have laws requiring mediators to be certified and have ethical standards. Some states also exempt mediators from testifying in cases they have worked on. In general, it is important to select an experienced and credible mediator who will help you resolve your case in the most efficient manner possible.