For injured workers hoping to settle a Colorado workers’ compensation claim before the end of the year, one of the most important considerations is whether the claim is actually ready to be settled.
If you’re still receiving medical treatment, it may be difficult to fully understand your future medical needs. Medical records, physician opinions, treatment history, prognosis, and potential permanent impairment can all be important when evaluating a settlement.
A Settlement Should Be Based on Your Needs—Not the Calendar
A year-end resolution can be appealing, but rushing into a settlement simply to meet a December 31 goal could have consequences. Your attorney may need to determine whether your condition has stabilized enough to evaluate your claim and whether additional treatment or other benefits should be considered.
Once negotiations begin, reaching an agreement may also take time. The insurance company may make an offer that requires further negotiation, and settlement paperwork must be completed before the case is finalized.
Working with a Colorado workers' compensation attorney early in the process can give you more time to evaluate your options and make an informed decision.
Start the Conversation Early
If you’re considering settling your workers’ compensation claim before the end of the year, don’t wait until the last minute to explore your options. We can review the circumstances of your claim and help you understand whether pursuing a settlement is appropriate. Schedule your consultation today!
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