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Washington Settling your L&I claim might be right for you: An option for injured workers 50 or older

Category:
Washington Workers Compensation - Official
State:
Washington
Control #:
WA-SKU-3964
Format:
PDF
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Settling your L&I claim might be right for you: An option for injured workers 50 or older Washington Settling your L&I claim is a process for injured workers 50 or older who are unable to return to work due to their injury. This option allows them to receive a lump sum payment in lieu of future medical and/or wage benefits payments. The settlement is negotiated by the worker's L&I attorney and the Washington State Department of Labor and Industries (L&I). The settlement amount is determined by considering the worker's medical information, wage loss, and other factors. The payment is typically made within 90 days of the agreement being finalized. There are two types of settlements available: Structured Settlement and Lump Sum Settlement. A Structured Settlement involves setting up a payment plan that ensures that you receive a set amount of money over a period of time, while a Lump Sum Settlement provides you with an immediate lump sum payment. The decision of which type of settlement to pursue is up to the worker and their attorney.

Washington Settling your L&I claim is a process for injured workers 50 or older who are unable to return to work due to their injury. This option allows them to receive a lump sum payment in lieu of future medical and/or wage benefits payments. The settlement is negotiated by the worker's L&I attorney and the Washington State Department of Labor and Industries (L&I). The settlement amount is determined by considering the worker's medical information, wage loss, and other factors. The payment is typically made within 90 days of the agreement being finalized. There are two types of settlements available: Structured Settlement and Lump Sum Settlement. A Structured Settlement involves setting up a payment plan that ensures that you receive a set amount of money over a period of time, while a Lump Sum Settlement provides you with an immediate lump sum payment. The decision of which type of settlement to pursue is up to the worker and their attorney.

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