Workers’ Compensation Settlements in New Jersey
Most of the time, workers’ compensation provides immediate coverage for the financial challenges the injured person is facing because of a workplace injury. Workers’ comp directly covers immediate medical needs and a percentage of the worker’s wages while they recover. However, in some cases, you may need to pursue a settlement from workers’ comp. Workers’ compensation settlements in New Jersey provide compensation to injured workers under a variety of circumstances. A workers’ comp attorney could help you protect your rights.
Occasions That Call for Workers’ Comp Settlements
New Jersey workers’ compensation settlements offer lump sum payments under a variety of settlements.
One-Time Settlements
New Jersey Workers’ Compensation Act § 20 allows for a settlement that provides a lump sum payment to end a disputed workers’ compensation claim. In Section 20 settlements, the injured worker accepts a one-time lump sum payment in exchange for signing away potential future benefits related to the injury.
Permanent Disability Settlements
When an employee suffers a permanent disability because of a workplace injury, they may be entitled to a lump sum settlement that will cover their future damages. Workers can pursue permanent disability settlements even when their injuries do not prevent them from working. Generally, workers cannot pursue lump sum settlements for permanent disability until they have reached the maximum possible recovery for their injuries.
Future Medical Cost Settlements
Most of the time, workers’ comp will continue to pay for the medical needs of the employee throughout their recovery. However, when an employee is likely to have long-term ongoing medical needs, even in cases where they did not suffer permanent disability, they may pursue a lump sum settlement for their future medical needs.
Loss of a Loved One in a Workplace Accident
When a worker dies as a result of injuries sustained in the course of their work responsibilities, their surviving family may receive a settlement for their loss. Typically, these claims include compensation for funeral expenses and benefits that cover a percentage of the deceased worker’s weekly wage for a period of time. In some cases, that may be paid out as a one-time settlement; in others, death benefits may be paid over time.
Compensation Included in Workers’ Compensation Settlements
When pursuing a settlement through workers’ comp, New Jersey workers should carefully consider the likely losses they will face because of their injuries. The claim should include compensation for:
- Future medical needs: Employees can include coverage for future medical treatments they will likely face because of their injuries, including future surgeries or ongoing physical or occupational therapy needs
- Lost earning potential: Often, permanent injuries will interfere with the worker’s ability to maximize their income, so the settlement can include compensation for their lost earning potential
A lawyer could help injured workers get a better idea of what they can include in their claim and how they can ensure that it will provide what they need for their future medical bills and earnings loss.
Discuss Workers’ Compensation Settlements in New Jersey with an Attorney
If you are dealing with workplace injuries, you already know that the workers’ compensation process can prove more difficult than anticipated. Seeking workers’ compensation settlements in New Jersey requires the support of an experienced attorney who understands the compensation you deserve and how to apply for it. At Garces Grabler & LeBrocq, we have you covered. Contact us today for your free consultation.
